Bank of Canada Leaves Interest Rates Unchanged as Inflation Eases and Growth Slows
- Governor of the Bank of Canada seen leaving key rate unchanged at 5.0% amid economic slowdown
- Inflation peaked last year but unexpectedly eased to 3.8% in September
- BoC expected to revise down economic growth forecast for Q4
- Labor market remains strong with high wage pressures
- Door likely left open to future rate hikes due to core inflation