Bank of Canada meet 5 December 2018, announcement at 1500GMT

Earlier preview:

This via RBC:

  • BoC to leave the overnight rate unchanged at 1.75%
  • composition of growth … not favourable with household consumption running at the weakest pace since Q1 2016 … and the household savings rate declining
  • A sharp decline in oil also argues for the Bank to stand pat
  • and we think that the economy's response to oil prices will be added as a policy driver along with trade developments and the impact of higher interest rates