Key Points to Watch in the Bank of Canada’s Decision

① The market expects the Bank of Canada to keep rates unchanged for the seventh consecutive week this week, maintaining the benchmark interest rate at 2.25%.

② Watch for the Bank of Canada’s assessment of the escalation of the U.S.-Canada trade war and tariff measures, and their impact on the Canadian dollar and the policy path.

③ Watch for the Bank of Canada’s comments on the future interest-rate path.

④ Watch the Bank of Canada’s latest forecasts for economic growth and the inflation outlook, especially the risk of transmission to inflation from rising energy prices.