USDCAD rises after BOC decision and statement - ConsultFX

USDCAD rises after BOC decision and statement

Sees higher growth but inflation to lag.  Says will be more cautious about future rate hikes The Bank of Canada raised their growth forecasts for 2017 and 2018 but said inflation would take longer to pick up  toward the 2% target (sees 2H of 2018).  They also said that they would be more cautious about raising Copyright 2015 Forexlive.com