Lates News

Bank of Canada meeting minutes: Geopolitical tensions and unpredictability of U.S. trade policy make it difficult to predict the timing and direction of the next interest rate change. Members believe that the review of the USMCA free trade agreement poses downside risks to economic growth. On the eve of the Bank of Canada's interest rate decision on January 28, members unanimously agreed that the policy rate is in a stimulative range. Members believe that threats to the independence of the Federal Reserve and other risks make the world more volatile and uncertainty prevails. Officials believe that the risks facing the outlook have increased. Officials believe that the risks facing the outlook have increased. Based on a wide range of indicators, the labor market is "soft."