Loading…
Investors have shifted expectations toward Bank of Canada rate hikes of half a percentage point, reflecting concern about inflation. The article notes the Canadian dollar and oil have weakened in their usual relationship, and that a possible NDP-backed spending increase could add to inflation.
Faster BoC tightening tends to strengthen the Canadian dollar, lowering the local cost of imported feed ingredients and tempering inflation-driven cost pressures.
reuters.comFergal SmithMar 29, 2022Not 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.
