Banking & Economics
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Bank of Canada Set to Hold as Trade War Creates New Dilemma for Tiff Macklem
Key Highlights
- The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the US threatens the economic recovery while adding to inflation risks.
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the US threatens the economic recovery while adding to inflation risks.
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