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FromThe Globe And Mail

Bank of Canada keeps key interest rate at 2.25% as trade war risks slowing economic growth

1 min read

(The Globe And Mail) --"It is interesting that the assessed balance of risks skews hawkish at the margin, an outcome that is helping to push the loonie higher post-event. But despite the market reaction, and the BoC’s view of present conditions, we would be wary of pencilling in any policy tightening just yet," said Nick Rees, Head of Macro Research at Monex Canada.

Reporting by Mark Rendell, Darcy Keith, Rachelle Younglai, Erica Alini, and
Sophia Bertuzzi.