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Stock impact report

Bank of Canada likely to hold rates at 2.75%, but some expect a cut [Yahoo! Finance Canada]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
President Donald Trump's tariffs slowly trickle through the economy, hurting businesses and consumers. But for the first time in the ten months since the BoC started its rate-cutting cycle the markets, economists and analysts are almost evenly undecided on the decision the bank will take. Lack of certainty over Trump's next tariff moves has some convinced the Bank will make an eighth consecutive cut. "Risks have been evolving pretty significantly, week by week, sometimes hour by hour, or minute by minute," said Nathan Janzen, Assistant Chief Economist at Royal Bank of Canada. He expects the bank to cut rates "as an insurance" for a weak economy but said it could keep them unchanged. Currency markets are now seeing the odds of a rate cut pause at 56%, down from over 60% earlier in the week. The bets eased after inflation data released on Tuesday showed prices surprisingly cooled in March. A Reuters poll of economists conducted between April 7 and 11 showed that while the ba Show less Read more
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