![Three scenarios and their implications for USD/CAD – TDS Three scenarios and their implications for USD/CAD – TDS](https://shmi.ir/wp-content/uploads/2023/10/Three-scenarios-and-their-implications-for-USDCAD-–-TDS-150x203.jpg)
[ad_1] Share: Economists at TD Securities discuss the Bank of Canada (BoC) Interest Rate Decision and its implications for the USD/CAD pair. Hawkish (25%) 25 bps hike. BoC hikes to 5.25%. Bank remains concerned that sticky inflation will delay the normalization of wage/inflation expectations, risking a wage-price spiral. October MPR still projects a