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Market Impact: 0.3
Bank of Canada rate hikes to be limited by soft economy, report says
Source: The Globe and Mail
Monetary PolicyInterest Rates & YieldsTrade Policy & Supply ChainEconomic Data
Capital Economics said trade uncertainty and slower immigration could limit how far the Bank of Canada raises its benchmark interest rate next year. The outlook points to softer potential economic growth and a potentially lower terminal policy rate, with implications for Canadian rates and interest-sensitive assets.
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