# Why Canada won't necessarily follow any U.S. rate cuts - Financial Post

> 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.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/58833-why-canada-won-t-necessarily-follow-any-u-s-rate-cuts-financial-post
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Divergence between Canadian and US policy could keep the loonie firm, affecting the cost of Canadian agricultural exports priced in dollars.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/economy/why-canada-wont-necessarily-follow-any-u-s-rate-hikes-kevin-carmichael/

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