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Financial Post commentary argues the Bank of Canada will not automatically follow US rate cuts, citing Canada's stronger inflation and growth. It notes Canadian rates have historically tracked US borrowing costs closely.
Divergence between Canadian and US policy could keep the loonie firm, affecting the cost of Canadian agricultural exports priced in dollars.
financialpost.comKevin CarmichaelJun 28, 2019Not 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.
