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Canada Drop-In: Why the market is coming round to our BoC rates call

We’ve long held the view that the Bank of Canada will need to cut rates at an aggressive pace – and market pricing is quickly aligning with our forecast for a 50-basis point move next Wednesday.

But how far will the Bank go to ease policy, and how quickly will it take to do so?

Our senior North America economists held this 20-minute briefing shortly after the Bank’s October decision to answer client questions. 

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