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After President Donald Trump issued a mass federal funding freeze that would have seen trillions held back from agencies on ...

The Canadian dollar’s performance is more likely to be driven by the threat of U.S. trade tariffs than by the Bank of Canada’s policy decision Wednesday, Monex Europe analysts said.

The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.