The Bank of Canada is expected to leave its benchmark interest rate unchanged during a policy announcement Wednesday amid concern over slowing housing markets and stalled trade negotiations with the U.S.
Economists from all 11 primary dealers of Canadian government securities told The Wall Street Journal they anticipate the Bank of Canada will keep the key rate at 1.25% this week. A majority of those surveyed said they expect the next rate increase to come in July, as long as second-quarter economic growth looks strong and...