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The Bank of Canada's Lynn Patterson discussed weak fourth-quarter 2018 household spending and kept the policy rate unchanged. She cited global slowdown and trade tensions as factors.
Core inflation remained near 2%.
A cautious central bank and weaker household demand point to softer Canadian economic activity, a modest negative for domestic livestock and feed demand.
bankofcanada.caLynn PattersonMar 1, 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.
