# The Bank of Canada is caught between an interest rate hike and a raging trade war - Financial Post

> Markets are split 50-50 on a July Bank of Canada rate hike as the trade war with the US clouds the economic outlook. Governor Poloz faces pressure to clarify whether the bank will follow through on its May signal.

- Date: 2018-06-25 · published 2018-06-25T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/64757-the-bank-of-canada-is-caught-between-an-interest-rate-hike-and-a-raging-trade
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Uncertainty over Canadian rates keeps the loonie volatile, affecting the landed cost of US feed ingredients for Canadian buyers.

## Read by commodity

- USDCAD: neutral

## Sources

- financialpost.com: https://financialpost.com/economy/the-bank-of-canada-is-caught-between-an-interest-rate-hike-and-a-raging-trade-war/

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