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Forward Guidance: Canada May be in for Another Rate Hike—But July More Likely than June

Forward Guidance: Canada May be in for Another Rate Hike—But July More Likely than June
The economy’s resilient start to 2023 likely has the Bank of Canada actively considering raising interest rates next week. But we think it will ultimately maintain the pause in hikes that began in January, keeping the overnight rate steady at 4.5% for now. The advance estimate of April GDP bounced back sharply after little growth […] The post Forward Guidance: Canada May be in for Another Rate Hike—But July More Likely than June appeared first on Action Forex... Read More
Posted: Jun 3 2023, 03:40
Author Name: actionforex
Views: 081398

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