USD/CAD Analysis: How the Bank of Canada Decision Affected the National Currency

<p>Yesterday it became known that the Bank of Canada (BOC) decided to keep the rate at 5% — the highest level in 22 years. Here are the key takeaways from CEO Tiff Macklem’s press conference: → excess demand is declining, but the BOC is remaining concerned about persistence of high inflation; → the labor market […]</p>
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