BOC’s Gravelle: Still pretty clear that we’re not on sustainable path to 2% inflation

  • The market has been relatively right on our previous two or three decisions, so it seems like they’re taking in the data in the same way we are

USD/CAD is down 9 pips to 1.3584.

The market is placing a 50% chance of a March 6 rate cut and a cut is fully priced in for the April 10 decision.

This article was written by Adam Button at Source