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Bank Of Canada Keeps Rates On Hold Amid Oil Price Shock
TD Wealth · 2026-05-01 · via All Articles on Seeking Alpha

Summary

  • Bank of Canada keeps rates steady in uncertain times.
  • Are higher oil prices causing an inflation problem in Canada or a growth problem?
  • How the oil price shock is impacting the Canadian economy.
Closeup macro Bank of Canada words on a green 20 dollar Canadian money bill

JulieAlexK/iStock via Getty Images

The Bank of Canada has kept interest rates unchanged at 2.25% as policymakers weigh the impact of higher energy costs on inflation and economic growth. Robert Both, Senior Macro Strategist at TD Securities, discusses the outlook for rates and

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