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Bank of Canada: On Sidelines Monitoring Export Recovery

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Canada didn't react to the recent run of weak data even with real GDP contracting more aggressively than they forecasted in July. This in part reflects the fact that the hit from the wildfires on the economy in the second quarter was larger than the Bank assumed.[​IMG]

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