Rates Unchanged But Bank Of Canada Signals Concerns

| About: CurrencyShares Canadian (FXC)

Summary

What is the outlook for the Loonie?

What are the concerns the BoC raises?

Is a rate change in 2018 still on schedule?

The Bank of Canada surprised no one by leaving their policy rate unchanged at 0.5%. What is catching attention is the concern about U.S. policies, the global outlook, Canadian household spending and even slow business investment. To help break down what matters to investors, Sara D'Elia speaks with Brian DePratto, Senior Economist at TD Economics.

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