# Wilkins uses different words to restate that the Bank of Canada isn't touching rates anytime soon - Financial Post

> Bank of Canada Senior Deputy Governor Carolyn Wilkins restated the central bank's position in a Montreal speech on November 19, leaving rates unchanged. The Canadian dollar lost about 0.3% after her remarks. Analysts said the speech did not signal near-term rate cuts.

- Date: 2019-11-20 · published 2019-11-20T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/56313-wilkins-uses-different-words-to-restate-that-the-bank-of-canada-isn-t-touching
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Expectations of stable Canadian rates support the loonie and set the currency backdrop for commodity-linked exporters. The effect on feed ingredient prices is small.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/economy/wilkins-uses-different-words-to-restate-that-the-bank-of-canada-isnt-touching-rates-anytime-soon/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.