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Bank of Canada likely to hold rates steady amid rising inflation.
The Bank of Canada is expected to hold its key interest rate steady at 2.25% on Wednesday, with market odds exceeding 93%.
Inflation recently rose to 2.4% due to higher oil prices stemming from global tensions, though core inflation has shown some signs of softening.
Policymakers are closely monitoring inflation expectations while waiting for clearer signals on the conflict’s impact on the economy.
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Es probable que el Banco de Canadá mantenga las tasas estables en medio de una inflación creciente.