Bank of Canada likely to postpone a rate cut on Wednesday – Forex News Preview
Posted on December 3, 2019 at 4:43 pm GMTThe trade environment is not friendly for the Canadian economy and therefore for the loonie at the moment but the Bank of Canada will likely decide to stand pat on interest rates when it meets on Wednesday at 15:00 GMT as some encouraging signs from the domestic economy allow the Bank to postpone the decision for now. November’s employment report could come to justify any rate cut delay on Friday at 13:30 GMT. It’s not time for a rate cut [..]