Reply To: Bank of Canada Holds Rates at 4.50% as Expected, USDCAD at Four Month High 


BOC minutes:

BOC debated whether to maintain or remove forward-looking language
BOC felt it was important to be clear about the conditionality of any pause, given inflation was well above target
Expressed concern that tighter mon pol could have a greater-than-expected effect on the housing market
Officials were in broad agreement on the need for a pause