Bank of Canada to Keep Rates Steady, Forecasters Anticipate Autumn Cuts

Optimistic 32.0
There is unanimity the Bank of Canada will leave its main interest rate unchanged on Wednesday amid elevated underlying inflation and a recent showing of labor-market resiliency. The debate in the market is whether the central bank sits tight through 2025 or cuts again.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.