Bank of Canada Can Let Loonie Weaken and Skip Hikes, BofA Says

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Bloomberg Markets 14 hours ago • bloomberg.com

Bank of Canada Can Let Loonie Weaken and Skip Hikes, BofA Says

The Bank of Canada is likely to keep rates on hold through most of 2027 and allow the Canadian dollar to weaken further even if US monetary policy tightens, Bank of America says.

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