# Bank of Canada’s latest indicator clinches it — interest rates are going up soon - Financial Post

> A Bank of Canada business survey found most firms were largely unaffected by U.S. policy announcements and tariff threats, with about nine per cent reporting help from policy changes. The central bank was expected to raise rates at its next decision, with timing uncertain.

- Date: 2018-04-10 · published 2018-04-10T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/65745-bank-of-canada-s-latest-indicator-clinches-it-interest-rates-are-going-up-soon
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Expected Canadian rate hikes support the loonie and signal resilient Canadian demand, though the direct effect on feed commodity prices is limited.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/economy/bank-of-canadas-latest-indicator-cliches-it-interest-rates-are-going-up-soon/

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