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Central Bank Focus

BoC Holds Steady, Keeps Optionality Amid Trade Uncertainty

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The BoC held rates at 2.75% for a third consecutive meeting, but a weak growth outlook and contained inflation reinforce our overweight in Canadian bonds. With policy within the 2.25%–3.25% neutral range, the BoC remains comfortable waiting for clarity…

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