| Canada's central bank may want to kick-start its tightening cycle to fine-tune growth and inflation, but a stronger dollar could upset its plans. Canada's recovery is picking up steam and inflation is creeping higher. In reality, the country should be steeling itself for higher interest rates ahead.
That is not what the Bank of Canada has in mind. Interest rates are sitting squarely in a neutral position for the foreseeable future. The central bank is perched on the fence and it wants the market to think a rise in rates is just as likely as a cut...........................................Full Article: Source
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