Expect the Bank of Canada to drop any hint of hawkish guidance from its policy statement next week, says Derek Holt following Governor Carney's speech yesterday. It's "fairly clear that (Carney) is priming markets for a forecast re-write and a more neutral to dovish bias." The loonie remains near its highest levels of the past 18 months, buying $1.0140.
Expect the Bank of Canada to drop any hint of hawkish guidance from its policy statement next...
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