Bank of Canada says path for rates hard to predict with increased risks to outlook

Bank of Canada says path for interest rates hard to predict with increased risks to outlook

Governing council says in summary of deliberations that range of possible outcomes that could change outlook has broadened

Bank of Canada says path for rates hard to predict with increased risks to outlook

The Bank of Canada’s governing council says it’s difficult to see where interest rates are headed as it faces increased risks to its economic outlook due to geopolitical turbulence and trade uncertainty.