BOC interest rate decision on 07.03.2018
- BoC: global growth solid and broad-based
- BoC: trade “growing source of uncertainty”
- BoC: CDN 2017Q4 growth “slower than expected”
- BoC: inflation running close to 2% target
- BoC: inflation “consistent with an economy operating near capacity”
- BoC: wage growth lower than typical in an economy with no labour market slack
- The link to the statement
Yoyo in the USDCAD as caution on the wage growth and trade uncertainties but after a visit to 1.22940S , the market come back to right where we were before the rate announcement 1.2915
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