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Blog by Linda M Linfoot

Bank of Canada silence bolsters expectation of October rate hike

August 1st, 2017
OTTAWA -- With no public speeches scheduled before its September interest rate decision, the Bank of Canada has signalled it is comfortable with market expectations that a rate hike won't happen until October at the earliest, analysts said on Monday.

The central bank's July rate hike, the first in seven years, was preceded by a flurry of speeches and interviews by top officials that dramatica ...