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2025-07-30 22:24:13
[Strategist: The Bank of Canada tries to leave multiple options open] Andrew Kelvin, head of Canadian and global interest rate strategy at TD Securities, said, "The Bank of Canada is very wisely trying to leave as many options as possible." He pointed out, "It is very clear to me that the Bank of Canada is still reluctant to declare that the worst is over. Despite the strong employment data, there are still some things to note. The Bank of Canada is not panicking, but it also does not believe that the economy is out of danger, so they are just trying to take a balanced approach."
