Citigroup: The Bank of Canada will suspend interest rate hikes but does not rule out the possibility of further rate hikes in December
王俊杰2017
发表于 2023-10-25 15:59:45
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Citigroup stated that we believe the policy decision of the Bank of Canada in October remains uncertain, but this week's weaker September CPI data pushed the risk balance from rate hikes to another pause. The decline of core inflation from its high point in August may raise enough questions about whether policy interest rates necessarily need to be raised. However, while interest rates remain unchanged at 5.0%, the guidance that "there is still a possibility of further interest rate hikes" should continue to be maintained, and may even be updated to reflect that the possibility of further interest rate hikes has already increased. It is not ruled out that there is a possibility of a rate hike in December, especially before the rate hike in December, there is still a CPI data to be released.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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