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Economists at Capital Economics and Scotiabank disagree on whether the Bank of Canada will pause or hike again at its September 6 decision. The policy rate sits at 5%, a 22-year high, and markets price a 25% chance of a September hike.
Canadian interest rate direction shapes the loonie's value and therefore the relative cost of Canadian feed exports, but the outlook is largely a currency and rates story.
financialpost.comGigi SuhanicAug 31, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
