The sharp deterioration in Canada’s first-quarter growth reinforces our view that the Bank of Canada (BOC) will keep rates on hold possibly through all of 2026, as concerns over economic
Energy-driven inflation alone is unlikely to trigger rate hikes in Canada as the Bank of Canada (BOC) seeks to keep rates at 2.25% through this year unless second-round effects emerge.
The Bank of Canada (BOC) is more likely to remain on hold this year than to deliver rate hikes, despite market pricing implying almost 50 basis points of tightening over
The Bank of Canada (BOC) validated our out-of-consensus call at its January policy meeting by pivoting decisively toward trade risks, reviving an easing bias even as it held the policy
The Bank of Canada (BOC) enters its January 28 policy meeting having parked its policy rate at 2.25%, near the lower end of its estimated neutral range, with guidance that
The Bank of Canada (BOC) is content to sit tight through the turn of the year, viewing its 2.25% policy rate as on the stimulative side of neutral and “about
A lot has to go right for the Bank of Canada (BOC) to justify holding rates steady through next year. While Wednesday’s rate cut to 2.25% was accompanied by a
The Bank of Canada (BOC) is likely to cut rates again in October, with the outlook still sharply bearish, thanks in large part to the sustained drag from elevated US
Pronounced softness in Canada’s economy prompted the Bank of Canada’s (BOC) 25-basis-point rate cut today, strengthening our confidence in a deeper easing cycle ahead and reflecting a tacit decision by
Canada’s continued disappointing growth, coupled with sentiment dampened by trade uncertainty and the Bank of Canada’s (BOC) view that its preferred core inflation measures may be overstating price pressures, has
For months we resisted the popular market narrative that insisted the Bank of Canada (BOC) was nearing the end of its easing cycle. Those who have engaged us on Canada
