The Bank of Canada is expected to once again hold the line on interest rates Wednesday, but could tip its hand on whether it will restart its rate-raising campaign later in the year, economists and bank watchers say.
At the same time as its 10 a.m. rate announcement, the Bank will also unveil its latest Monetary Policy Report, a detailed look at national and global economic trends followed by a press conference with bank governor Tiff Macklem. The effectiveness of that strategy, however, has been called into question by several months of higher than expected job growth, with gross domestic product — a measure of economic activity — rising higher than the bank’s forecasts in the first quarter, said Scotiabank economist Derek Holt.
He's such a failure
Hope can people so incompetent still have jobs?
They will be touching little kids that day
Go 12%... come on... do it.
Pedo Trudeau Drama Teacher screwed us. Many still want more of it.
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