Why the Bank of Canada decided to hold interest rates in April

Financial Post

Lean Right

Mixed Factuality

Individual: Leon Cooperman

Corporation: Allianz

Why the Bank of Canada decided to hold interest rates in April

Divisions within the Bank of Canada over the timing of a much-anticipated cut to the key overnight interest rate stem from concerns of some members of the central bank’s governing council that progress on taming inflation could stall in the face of stronger domestic demand — or even pick up again in the event of “new surprises.”