Bank of Canada Watch Bank could hike interest rates again as soon as next week The Bank of Canada will increase interest rates again early this year, possibly as soon as next week, particularly after learning that businesses are more optimistic. That said, we still believe... 10th January 2018 · 1 min read
Bank of Canada Watch Bank already starting to regret rate hikes The Bank of Canada will leave interest rates at 1.00% at its policy rate meeting next week and, by putting emphasis on the uncertainties clouding the outlook, will signal that it isn’t contemplating... 29th November 2017 · 1 min read
Bank of Canada Watch Bank unlikely to raise interest rates The Bank of Canada will probably err on the side of caution at its policy meeting next week by deciding to keep interest rates at 1.00%. Although the Bank still seems confident in the economy, NAFTA... 18th October 2017 · 1 min read
Bank of Canada Watch Don’t rule out an interest rate hike next week The incoming economic data have been generally strong and will encourage the Bank of Canada to raise interest rates further to 1.00%, from 0.75%, before the end of this year. We wouldn’t rule out a... 30th August 2017 · 1 min read
Bank of Canada Watch Bank likely to keep interest rates at 0.50% The Bank of Canada’s new-found optimism in the economy means that there is a risk it could raise interest rates very soon, but we don’t think a rate hike next week to 0.75%, from 0.50%, is a foregone... 5th July 2017 · 1 min read
Bank of Canada Watch Bank likely to sound more cautious on economic outlook While the Bank of Canada will likely hold interest rates at 0.50% next week, the balance of risks around its neutral stance on the interest rate outlook are beginning to tilt to the downside, mainly... 17th May 2017 · 1 min read
Bank of Canada Watch Bank likely to remain cautious about growth outlook We expect the Bank of Canada to hold interest rates at 0.50% next week and to remain neutral on the direction of interest rates in the near future. Despite economic slack and muted core inflation... 5th April 2017 · 1 min read
Bank of Canada Watch Bank won’t move on interest rates for a while longer We expect the Bank of Canada to hold its policy interest rate at 0.50% next week. Although core inflation and wage growth have slowed, activity and business confidence data have been more positive... 22nd February 2017 · 1 min read
Bank of Canada Watch Bank to stand pat until Trump’s plans become more clear The unexpected decline in monthly GDP in October, together with the moderation in the new measures of core CPI inflation, might have prompted the Bank of Canada to reconsider cutting interest rates at... 12th January 2017 · 1 min read
Bank of Canada Watch No interest rate cut until early next year The rebound in third-quarter GDP likely means that the Bank of Canada will leave its economic projections and policy interest rate unchanged next Wednesday. But policymakers will still have doubts... 30th November 2016 · 1 min read
Bank of Canada Watch Bank will remain on the sidelines this year The Bank of Canada is unlikely to announce any major changes to either its economic projections or policy stance next Wednesday. The apparent rebound in third-quarter GDP and the surge in employment... 14th October 2016 · 1 min read
Bank of Canada Watch Bank will be on hold for some time The Bank of Canada is unlikely to take any action at the upcoming policy meeting on 7th September. The 1.6% annualised decline in second-quarter GDP was worse than the 1.0% fall the Bank assumed in... 1st September 2016 · 1 min read
Bank of Canada Watch Bank unlikely to act despite downgrade to GDP forecast Despite an apparent return to below-potential GDP growth and the financial market turmoil triggered by the UK's decision to leave the EU, we expect the Bank of Canada to leave its policy rate... 6th July 2016 · 1 min read
Bank of Canada Watch An interest rate cut still on the cards later this year We expect the Bank of Canada to hold interest rates at 0.50% next week and maintain a neutral outlook for future policy changes. Despite stronger economic growth at the start of the year and the... 18th May 2016 · 1 min read
Bank of Canada Watch Bank unlikely to shift on neutral interest rate outlook We expect the Bank of Canada to keep interest rates at 0.50% next week and maintain a neutral outlook for future policy changes. Despite the strong start to the year, policymakers indicated recently... 6th April 2016 · 1 min read
Bank of Canada Watch Bank won’t cut rates again until after Budget The Bank of Canada is unlikely to cut interest rates at the upcoming policy meeting on 9th March. But we still anticipate that the ongoing economic slump, triggered by the collapse in commodity prices... 2nd March 2016 · 1 min read
