Bank of Canada holds key interest rate at 2.25%, caught between inflation risks and growth amid war-driven oil spike
In recent commentary, Nick Rees, Head of Macro Research at Monex Canada, highlights the balancing act facing the Bank of Canada. With domestic growth weakening while inflation risks rise amid Middle East conflict, his analysis points to a cautious “wait-and-see” approach—one that has already put pressure on the Canadian dollar.
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