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
The Bank of Canada (BOC) has all but put a downpayment on a July 30 rate cut as part of its post meeting communications after today’s policy decision where the
A surprise spike in Canada’s key underlying inflation measures have likely given the Bank of Canada (BOC) pause in contemplating whether to cut rates again next week even though the
The Bank of Canada (BOC) will eye another rate cut in June, as uncertainty over US tariff negotiations continues to weigh on Canada’s economic growth. Today’s cordial tone in the
Like a deer in the tariff headlights, the Bank of Canada (BOC) held rates steady today, notwithstanding its own expectation that further easing will be required to avoid recession. The
This week’s Bank of Canada (BOC) meeting is a line ball call though on the margin we favor a rate cut. The BOC could easily justify an easing on economic
The Bank of Canada (BOC) will cut rates this week in a preemptive attempt to buffer the hit to growth it expects from the impact of US tariffs. The Wednesday
A pop in Canadian inflation has complicated the Bank of Canada’s (BOC) ability to buffer the sagging economy with more rates easing, after trimmed mean, its preferred price measure, jumped
Looming tariffs on Canada have lit up the Canadian rates curve, appropriately prompting speculation that the Bank of Canada (BOC) will be forced to ease rates far more aggressively than
With the threat of US tariffs looming, the Bank of Canada (BOC) is poised to keep easing from its first meeting this year on January 29 and follow with additional
Canadian Prime Minister Justin Trudeau’s resignation will keep a dovish lean to Bank of Canada (BOC) monetary policy this year as it looks to prevent the current economic slowdown from
The Bank of Canada (BOC) is tilting toward another 50-basis-point rate cut next week after the latest unemployment data saw a large jump in the unemployment rate, reflecting downside momentum
