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OTTAWA (Reuters) — With no public speeches scheduled before its September interest rate decision, the Bank of Canada has signaled it is comfortable with market expectations that a rate hike won’t happen until October at the earliest, analysts say.
The central bank’s July rate hike, the first in seven years, was preceded by a flurry of speeches and interviews by top officials providing signals.
Markets see a 70 percent chance of a rate increase at the bank’s October meeting.
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