Canada, inflation rate
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By Promit Mukherjee OTTAWA, July 13 (Reuters) - The Bank of Canada is expected to keep its key policy rate unchanged at 2.25% on Wednesday, as signs of an easing underlying price pressures give policymakers little reason to raise borrowing costs while a rebound in economic growth after a technical recession reduces the need for any stimulus.
Strong U.S. data and rising inflation risks support the dollar as traders reassess Fed rate cuts. Explore the latest outlook for DXY, EUR/USD and GBP/USD.
