BOC to Leave Rate Unchanged at 1.75%. Disappointing Data Likely Due to Temporary Factors

<p>BOC is likely to leave the policy rate unchanged at 1.75% at the meeting this week. While several macroeconomic data released since the December meeting surprised to the downside, it could take a few more months to confirm the trend. BOC also appears to have downplayed the downside risks of the data. Meanwhile, signing of […]</p>
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