The BoC is likely to cut the policy rate 25bp, but with potential US trade tariffs weighing on the growth outlook, we could see a return to more aggressive 50bp moves later ...
Gross Domestic Product (GDP) rose 1% on a seasonally adjusted annualized rate (SAAR) in Q3, well below the BoC’s October estimate of 1.5%. The central bank had initially projected growth as high ...