Contained inflation pressures are supporting a steady Bank of Canada, according to RBC. This assessment suggests that the current state of inflation is not exerting significant pressure on the bank to alter its stance.
Further details on this assessment are available from the source, which provides insight into the relationship between inflation pressures and the Bank of Canada's position.
The source of this information is RBC, as reported by FXStreet, indicating that RBC's analysis is the basis for this understanding of the Bank of Canada's steady stance.