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CANADA BOC: BOC leaves key o/n rate at 1.25%, as expected. Still 
'cautious', data dependent. Says trade policy developments ' important 
and growing' source of uncertainty. Repeats economic outlook warrants 
higher rates over time but continued accommodation likely needed to keep 
econ operating close to potentl. Wage growth firmed. 4Q stronger 
business investment adds to econ capacity. To take time to fully assess 
new mtg, macroprudential rules impact on housing dmd, prices. Continues 
to monitor econ sensitivity to higher int rates. Household credit growth 
has decelerated. Will include 2018 budget in April's projections. Core 
measures of inflation have edged up. Wage growth still lwr than should 
be in econ w/o lbr slack. Inflation fluctuating due to temporary 
factors. Global growth remains 'solid and broad-based'. 

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