The BoC rate decision will be published today.
The Bank of Canada(BoC) rate decision will be published today. After raising interest rates two meetings in a row and providing very little detail after the last hike, the market does not expect a change in 1.00% policy rate.
Governor Stephen Poloz is widely anticipated to keep the benchmark interest rate at 1.00%, but the accompanying policy statement may ultimately alter the near-term outlook for USD/CAD should the central bank tame expectations for higher borrowing costs.
25 Oct 17 (Wed)
11:19 am
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