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Bank of Canada likely to keep interest rate at 2.75% amid economic stability, economists say.
The Bank of Canada may maintain its current interest rate of 2.75%, according to economists, as recent job gains and stable inflation at around 3% suggest the economy is doing well.
While some, like RBC, argue against further rate cuts, others, including BMO, predict additional cuts due to the trade war's impact.
The central bank's next decision is due on July 30.
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El Banco de Canadá probablemente mantendrá la tasa de interés en el 2,75% en medio de la estabilidad económica, dicen los economistas.