
bank rate forecasts


BoC expected to pause this week, but more rate cuts still likely
With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

Reasons for and against a Bank of Canada rate cut this week
While the odds of a Bank of Canada rate cut this week have risen, many experts admit the decision could still go either way.

Soft GDP figures point to a BoC rate cut next week, but uncertainty remains
Canada’s economy slowed more than expected in the first quarter, raising the odds of an interest rate cut next week by the Bank of Canada, economists say.

Rate cuts are on the way, but not this week, economists say
Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.

Rise in bond yields could send fixed mortgage rates higher, experts say
A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

Bank of Canada preview: A 100-bps rate hike “can’t be ruled out”
All eyes will be on the Bank of Canada’s interest rate decision this week, which some say could be its last hike of the year, and perhaps of this rate cycle.