# Odds still on another rate hike this year as Bank of Canada mulls today's data | Financial Post

> Canadian retail sales volumes fell 0.2 per cent in July, suggesting flat economic growth, though headline sales rose 0.4 per cent. Annual inflation rose to 1.4 per cent in August, leaving investors divided on whether the Bank of Canada will hike again this year.

- Date: 2017-09-22 · published 2017-09-22T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/69201-odds-still-on-another-rate-hike-this-year-as-bank-of-canada-mulls-today-s-data
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Mixed Canadian data leaves the rate outlook and loonie direction unclear, so the impact on Canadian oilseed export prices in dollar terms is limited for now.

## Read by commodity

- USDCAD: neutral

## Sources

- financialpost.com: https://financialpost.com/news/economy/refile-wrapup-1-mixed-bag-of-canada-economic-data-leaves-room-for-more-rate-hikes

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