Canadian Retail Sales Back View Rates Will Be Held in October

Canadian Retail Sales Back View Rates Will Be Held in October

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The latest Canadian retail sales figures continue to suggest the Bank of Canada will hold its policy rate at 5% at next month’s meeting, Desjardins economist Maëlle Boulais Préseault says. Weakness in auto sales helped hold back July retail sales to a 0.3% rise on-month, which may have been tied…

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