
inflation expectations


Bank of Canada cautions markets against rate-cut bets
With markets pricing in rate cuts by the end of the year, the Bank of Canada today made clear that it doesn’t share the same outlook.

Sharp drop in inflation suggests interest rates have peaked: ING
For the second straight month, Canada’s headline inflation rate surprised to the downside, all but guaranteeing another Bank of Canada rate pause at its April 6 meeting.

Bank of Canada not ruling out additional rate hikes just yet
The Bank of Canada delivered its first rate pause of the past year yesterday, but Deputy Governor Carolyn Rogers made clear it remains a “conditional pause.”

“Sticky” core inflation raises the odds of a January rate hike: economists
Canada’s headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January.

“Much higher” interest rates will be needed if inflation sticks, says Macklem
The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s Governor said on Monday.

BoC’s Macklem: More interest rate hikes are “warranted”
Despite raising interest rates by 300 basis points with five consecutive hikes this year, the Bank of Canada confirmed on Thursday that rates need to go higher yet.