Bank of Canada Set to Hold Steady Again on Rates - News Summed Up

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Bank of Canada Set to Hold Steady Again on Rates


OTTAWA—Bank of Canada watchers expect the central bank to hit the pause button again on Wednesday when it issues its latest rate-policy decision, although some analysts say stellar employment data might prompt the central bank to revisit whether its preference for caution remains appropriate. Most economists anticipate the Bank of Canada to remain on hold until at least April, once it has a better grasp of new mortgage-financing rules that could weigh on housing, and the outcome of talks aimed at renegotiating a revised North...


Source: Wall Street Journal December 05, 2017 14:15 UTC



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