Bank of Canada Interest Rate Decision. Canada, 17:00 (GMT+2)


At 17:00 (GMT+2) the Bank of Canada decision on the interest rate will be announced, and then a press conference will be held. The key rate is expected to remain at the same level of 1.75%, the highest rate of the main central banks. The Canadian regulator did not lower rates in the midst of a trade crisis between the US and China and probably will not mitigate monetary policy even now that the conflicting parties have concluded an initial deal. Traders will pay attention to the accompanying statement and press conference, which may contain an assessment of the current…

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