A post by @FirstSquawk on X.

The Bank of Canada’s Governing Council agreed in its latest minutes that it must carefully assess how economic developments affect the outlook, signaling a data-dependent approach to future policy decisions. The minutes, reported via First Squawk, do not specify new rate levels, growth forecasts, or inflation figures, leaving the timing of any policy shift unresolved. The emphasis on monitoring incoming data matters because it keeps expectations for rate cuts or hikes tied to upcoming Canadian economic releases rather than a preset path. Investors should watch the next inflation, employment, and growth reports, along with subsequent Bank of Canada communications, for clearer guidance on the policy trajectory.