Institution: The Bank of Canada is expected to shift towards a more neutral monetary policy stance by the end of the year
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```htmlGolden Ten Data reported on March 25 that Scotiabank stated although Canada's economic growth has slowed in the short term, this is likely temporary, and the Bank of Canada will not react to it. The bank also expects that even if changes in inflation risk balance require caution, the central bank will not respond directly to the impact of rising oil prices on inflation. Therefore, Scotiabank's analysis suggests that the Bank of Canada will begin to gradually exit monetary stimulus policies and shift to a more neutral stance before the end of the year. This means that the bank will keep interest rates unchanged in the short term until the renegotiation of the United States-Mexico-Canada Agreement (USMCA) is settled.```
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