Wall Street Journal: Bank of Canada to Stand Pat on Rates, Await Fallout From Energy-Price Shock
Category:“Even with the windfall from higher oil prices flowing into the terms of trade, the economy needs to demonstrate that it can generate sustained, broad-based growth before the Bank of Canada can justify tightening,” said Karl Schamotta, Corpay.
Updated:2026-03-17
“Even with the windfall from higher oil prices flowing into the terms of trade, the economy needs to demonstrate that it can generate sustained, broad-based growth before the Bank of Canada can justify tightening,” said Karl Schamotta, market strategist at foreign-exchange firm Corpay Cross-Border Solutions.
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