BOC HOLDS 2.75% RATE, MAY CUT IF GROWTH AND INFLATION SLOW

Jul-30 13:45
  • BOC HOLDS 2.75% RATE, MAY CUT IF GROWTH AND INFLATION SLOW
  • BOC SAYS CAD STRENGTH IS HELPING TO TRIM IMPORT COSTS
  • BOC PRESENTS THREE ECONOMIC SCENARIOS AMID TARIFFS
  • BOC: LACK OF FORECAST DOESN'T IMPEDE ABILITY TO TAKE DECISIONS
  • BOC SAYS UNDERLYING INFLATION HAS QUICKENED TO AROUND 2.5%
  • BOC CENTRAL SCENARIO HAS Q2 GDP -1.5% ANNUALIZED, Q3 +1.0%
  • BOC CENTRAL SCENARIO SHOWS CORE CPI +3.1% IN Q2, Q3 AND Q4