Bank of Canada leaves rates unchanged at 1.75%, as expected - ConsultFX

Bank of Canada leaves rates unchanged at 1.75%, as expected

Highlights of the December 5 Bank of Canada decision USD/CAD was trading at 1.3287 shortly before the decision and rose to 1.3371 afterwards. This statement makes it much less likely that the BOC will hike in January. The line about more room for non-inflationary growth is key along with a strong emphasis on the oil price