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FINWIRES

TDエコノミクスは、カナダの金利見通しに対するリスクは中東紛争の推移に左右されると述べている。

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-- TDエコノミクスは水曜日、予想通りカナダ銀行は政策金利を2.25%に据え置き、10月以来維持してきた水準を維持したと指摘した。 TDは、カナダ銀行の今日の政策発表の主な意味合いを分析し、エネルギーショックが経済全体に徐々に波及するにつれてインフレ率が上昇すると予測した。しかし同時に、コアインフレ率の短期指標は目標範囲内で推移しており、労働市場も軟調に推移していることから、「良い出発点」にあるとも指摘した。これらの要因が、インフレ率の緩やかな出発点と、カナダ銀行が直面するリスクを裏付けているとTDは述べた。 「我々の見解では、見通しは徐々にしか変化していない」とTDは付け加えた。「BOSの調査では企業景況感に若干の上振れが見られたが、企業の見通しは依然として非常に不透明だ。懸念されるのはエネルギー価格の動向だ。我々の予想(カナダ銀行と同様)では、価格は今四半期にピークを迎え、その後徐々に下落し、インフレ圧力が緩和され、カナダ銀行は中立レンジの下限で政策金利を据え置くことができるだろう。もちろん、見通しに対するリスクは高く、中東紛争の行方に左右される。」

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