Interest rates likely stable till July, economists say

If the Bank of Canada doesn’t squeeze the brakes of the economy gently now, it may have to slam them on later, says Queen’s University economist Thorsten Koeppl.

Many analysts agree that higher interest rates are coming. The question is whether the Bank of Canada will hold the line Tuesday as it makes a rate announcement, or depart from the commitment it made last summer to keep rates stable through the end of June.

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