![Bank of Canada left 5% overnight rate unchanged, RBC expect it’ll stay there through 2023 Bank of Canada left 5% overnight rate unchanged, RBC expect it’ll stay there through 2023](https://shmi.ir/wp-content/uploads/2023/09/Bank-of-Canada-left-5-overnight-rate-unchanged-RBC-expect-150x203.jpg)
[ad_1] The decision was expected by markets: From RBC’s response, analysts at the bank note that while headline CPI has slowed, the BoC’s preferred core measure remains persistently above the 2% target. Inflation is likely to gain in the near term: Wage growth is still high oil prices higher in recent weeks RBS note that