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BOC Interest-Rate Decision Preview -....>

CANADA DATA
CANADA DATA: BOC Interest-Rate Decision Preview - 10:00am EDT
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- MNI Median 1.75%, prior 1.75% 
- Focus is on whether statement will add a bias to cut interest rates
- July decision amplified trade warnings while making no commitment on any
policy change 
- Case for holding supported by economy that grew at 3.7% annualized pace in
second quarter, inflation at BOC's 2% target
- Gov. Poloz said in July that tariffs can slow growth and boost inflation;
monetary policy can't tackle both at same time
- Policy makers said in July that policy was "appropriate" and they would watch
trade and energy industry

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