Bank of Canada could still raise rates - just not right now

Governor Stephen Poloz’s comments had a definite “doveish tinge”, though economists expect a rate hike in the second half of this year

Ruth Saldanha 22 February, 2019 | 6:00PM
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In a mostly expected move, the Bank of Canada indicated that though it will eventually need to raise rates up to the neutral zone, however the pace and path to that zone is uncertain.

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About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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