April 10, 2024
Bank of Canada Expected to Hold Interest Rates Steady as Rate-Cut Anticipation Builds
Ahead of this morning’s Bank of Canada decision, Karl Schamotta, chief market strategist at Corpay, tells the Wall Street Journal officials “might remain stubbornly noncommittal on the likelihood of rate cuts this summer, [and] deliver a carefully-balanced set of communications intended to avoid emboldening the hawks or the doves.”