• BoC: higher interest rates will be warranted to keep inflation near target

Notícias do Mercado

30 maio 2018

BoC: higher interest rates will be warranted to keep inflation near target

  • Canada Q1 economic activity 'a little stronger' than projected

  • Core measures of inflation near 2%, reflect economy close to potential

  • Data suggest some upside to U.S. economic outlook

  • Trade policy uncertainty dampening global investment

  • Stresses developing in some emerging market economies

  • Will continue to assess economy's sensitivity to rate rises

  • Recent data supports BoC's outlook for 2% growth in H1

The Canadian dollar rose sharply against the US dollar after the Bank of Canada signaled higher interest rates. USD / CAD lost about 130 points, having updated three-day lows, and is currently trading at C $ 1.2890
The Bank of Canada today maintained its target for the overnight rate at 1¼ per cent
O foco de mercado
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