Loonie will be factor when deciding whether interest rates stay on hold: Bank of Canada

CalendarMarch 10, 2023
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Still, it’s unclear the Bank of Canada will have to follow the Fed. Karl Schamotta, chief market strategist at Toronto-based Corpay, said the passthrough of a lower Canadian dollar to higher costs hasn’t been as dramatic as people think over the past few decades.

Read the Financial Post article here.

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