Bank of Canada to 'return to rate cuts' following hold, economists say

Bank of Canada to 'return to rate cuts' following hold, economists say

Here's where economists think the Bank of Canada is headed with interest rates after its second straight hold on June 4. Find out more.

As Bank of Canada holds rates, experts say a cut alone won't stop an economic slowdown

The Bank of Canada held interest rates at 2.75 per cent on Wednesday, pointing to a mixed bag of unexpectedly strong data and the uncertainty of U.S. tariffs as reason for the hold — and some experts say that, going forward, rate cuts alone won't be enough to stop an economic slowdown.

ECB easing in the spotlight - Monex Canada

CAD While USDCAD dipped lower yesterday afternoon, this had little to do with the BoC’s decision to hold rates. Instead, US ISM PMIs appear to have driven the price action, somewhat to our surprise. As we saw it, the Governing Council leaned hawkish with their latest decision, and that warrants a stronger loonie. But this is also a backdrop that leaves USDCAD at a crossroads today. Further consideration of the ISM readings should be dollar-posit…