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Goldman Sachs forecasts Bank of Canada to hold rates steady in June, hike later this year
This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here.Goldman Sachs forecasts more rate hikes from the Bank of Canada (BoC) this year due to rising inflation. Their analysis hinges on recent inflation reports revealing a steady rise in core goods prices and an unexpected surge in shelter prices. Markets are pricing in about 34bps of hikes by October, but Goldman Sac...
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Posted: Jun 1 2023, 03:39
Author Name: forexlive
Views: 110840