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June Inflation Report and BOS Survey Set the Stage for BoC’s Next Rate Cut

June Inflation Report and BOS Survey Set the Stage for BoC’s Next Rate Cut

The Bank of Canada’s quarterly Business Outlook Survey (BOS) and June’s inflation data will be the last major data releases before the BoC’s next interest rate announcement on July 24. We expect a slowdown in inflation after an upside surprise in May and for the BOS to look soft enough to justify a second consecutive […]

The post June Inflation Report and BOS Survey Set the Stage for BoC’s Next Rate Cut appeared first on Action Forex.

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