Bank of Canada's Policy Rate: The Bank of Canada maintained its policy rate at 2.25%, citing high uncertainty in the economy that complicates predictions for future rate changes.
Impact of CUSMA Negotiations: The uncertainty largely stems from the upcoming review of the Canada-United States-Mexico Agreement (CUSMA), with potential outcomes ranging from damaging tariff increases to beneficial stability in trade policy.
Economic Assessment Commitment: Policymakers expressed a commitment to closely monitor economic data and remain flexible in their response to significant changes in economic activity or inflation.
Recent Economic Indicators: Additional economic indicators include a 0.3% decline in Canada's monthly GDP for October and an unchanged inflation rate of 2.2% in November.
Wall Street analysts forecast EWC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast EWC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 55.020
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Current: 55.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
