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David Rosenberg: Bank of Canada has made a big mistake by being so timid

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Summary
Nutrition label

56% Informative

The Bank of Canada decided to stand pat at its most recent meeting, which it will come to regret.

The central bank also laid out two scenarios: one was the unalloyed hope that U.S. President Donald Trump will unwind most of this trade war, which is wishful thinking.

If scenario No. 2 plays out, the policy rate is going to have to be pulled all the way down below two per cent .

VR Score

70

Informative language

75

Neutral language

19

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources