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

Bloomberg Jun 18, 2026 3h ago ⏱ 1 min read 👁 2 views
Bank of Canada Can Let Loonie Weaken and Skip Hikes, BofA Says
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📋 Article Summary
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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. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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