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USD/CAD: Range levels watched as BoC holds – Societe Generale

Societe Generale analysts notes that the Bank of Canada (BoC) is expected to keep its policy rate at 2.25% for a fourth consecutive meeting, while higher inflation expectations could push rates toward the neutral range midpoint later this year.

INFLATION
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Societe Generale analysts notes that the Bank of Canada (BoC) is expected to keep its policy rate at 2.25% for a fourth consecutive meeting, while higher inflation expectations could push rates toward the neutral range midpoint later this year.