As Bank of Canada policymakers get ready for their final meeting of this year on Wednesday, markets expect the bank to hold interest rates steady in December and in the months ahead. Surprise growth in third-quarter GDP, followed by a third consecutive consensus-beating job market report, eliminated any possibility of a December rate cut, cementing analysts’ expectations for the central bank to move back to the sidelines after over a year of cuts. The market and analysts are near-unanimous in their expectation that there is little compelling the Bank to make a change. In their October monetary policy report, Bank ... (full story)