Economics

Bank of Canada's Policy Flexibility Makes Rate Decision a Coin Flip

Multiple threats to financial stability have made crystal balls cloudier this year.

Does Canada Need Another Rate Cut?

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Uncertainty reigns ahead of tomorrow’s Bank of Canada interest rate decision.

The implied odds of a rate cut according to financial markets stand at just over 50 percent, and private-sector economists are almost evenly divided on whether the nation’s central bank will cut its policy rate to a financial crisis low of 0.25 percent.