OTTAWA — Avery Shenfeld doesn’t think the Bank of Canada will cut its benchmark interest rate at its decision on Wednesday, but if it does, he said it will be a “pleasant surprise.”

As of Friday afternoon, financial markets were placing odds of a quarter-point rate cut on Wednesday at just seven per cent{ai:summary}Avery Shenfeld believes the Bank of Canada is unlikely to lower its benchmark interest rate in the upcoming decision. However, if a rate cut does occur, it would be considered a "pleasant surprise." #economy

Bank of Canada key rate widely expected to hold steady amid trade uncertainty

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