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2025-07-30 22:24:28
[Analyst: Bank of Canada Remains Loose] Nick Rees, senior foreign exchange market analyst at Monex Europe, said that although the Bank of Canada's latest decision to keep interest rates unchanged was in line with expectations, the Bank of Canada has maintained an easing bias in its recent series of communications. However, any decision to resume rate cuts seems to be based on further clarity of the outlook, which suggests that further rate cuts may take some time.
