- Analytics
- News and Tools
- Market News
- BoC expected to keep rates unchanged – TDS
BoC expected to keep rates unchanged – TDS
Analysts at TD Securities point out the Bank of Canada (BoC) is widely expected to leave rates unchanged at 1.75% in October, putting the focus on the policy statement and updated economic projections.
- “While economic data has been largely upbeat since the July MPR, we do not think this is enough for the BoC to change its tune. We look for the communique to maintain the overall tone from July, while economic projections will try and balance a mark-to-market upgrade tof 2019 with modest downgrades to 2020.
- The Bank will release its policy statement & MPR at 10:00 ET which will be followed by an 11:15 ET press conference.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
