Bank of Canada stands firm: No rate cut in sight ...Middle East

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Bank of Canada stands firm: No rate cut in sight
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The Bank of Canada held its rate at 5%, as expected. ICYMI:BOC's Macklem: If core inflation stays put, we won't hit our inflation forecastBOC's Macklem Q&A: If we look beyond shelter, we're seeing underlying inflation persistThe full statement from the Bank of Canada March interest rate decisionBank of Canada rate decision: Rates held at 5.00% vs 5.00% expectedVia Scotia Bank response... "CUTS PUSHED OUT AGAIN:April's meeting pricing was further reduced with now only 6–7bps of a cut priced. June's pricing was also trimmed back from nearly a full quarter point cut to 18–19bps.And, the BoC is:clearly on the sidelines awaiting more evidence before deciding what to do(no) language of a central b

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