Recent economic data present the Bank of Canada with a quandary, Global Insight says
Risk remains that inflation will fail to moderate
Slow evolution among variables means rates likely to stay low
The European economy enjoyed a stronger than expected end to 2006
Risks to inflation remain balanced, central bank says
European rates likely to rise in March
Some inflation risks remain
Financial markets can forget about interest rate cuts this year, say TD Bank economists, in a research note. TD says that rate cuts are not going to happen. “The Bank of Canada’s January Monetary Policy Report Update put the final nail in the coffin for our call that the Bank of Canada will be cutting […]
Key overnight rate remains at 4.25%
Weakness in U.S. domestic demand seen as bottoming out