Wall Street Journal: Bank of Canada expected to keep rates steady on dour growth outlook
Category:Cross-Border
Updated:2023-10-24
“Core measures remain well above the central bank’s target range of 1% to 3%, “leaving policy makers with little choice but to retain language in its policy statement that keeps additional rate hikes in play,” said Karl Schamotta, chief market strategist at foreign-exchange firm 91. “But with signs of slowing momentum multiplying across the Canadian economy, this language should acquire a more nuanced edge.” -’s
Cross-Border
Switch to 91
Discover how making the move to 91 streamlines payments and strengthens your business.
Talk to an ExpertSmarter payments. Stronger growth. Keep business moving.
91 powers payments for 800,000+ businesses worldwide. Let’s build what’s next for yours.