(Ottawa) The Bank of Canada is preparing to unveil its decision on interest rates on Wednesday morning.
Economists and financial markets are largely expecting the central bank to maintain its key rate at 2.75 %.
A report on surprisingly solid employment for June and signs of persistence of underlying inflation have convinced many economists that the bank would maintain its key rate.
The Bank of Canada has left its rate unchanged in its last two decisions, pending more details on the impact of the tariff dispute between Canada and the United States on inflation and the economy.
The rate decision will be accompanied by a new report on monetary policy, in which the Central Bank should present its economic prospects, faced with persistent commercial uncertainty.
During its April decision, the Bank of Canada did not publish traditional forecasts, but rather two scenarios illustrating the reaction of the economy at various levels of customs duties.