# Economic Progress Report: Sensible Shifts in Household Spending - Bank of Canada

> 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%.

- Date: 2019-03-01 · published 2019-03-01T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/60322-economic-progress-report-sensible-shifts-in-household-spending-bank-of-canada
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A cautious central bank and weaker household demand point to softer Canadian economic activity, a modest negative for domestic livestock and feed demand.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- bankofcanada.ca: https://www.bankofcanada.ca/2019/03/economic-progress-report-sensible-shifts-in-household-spending/

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