Bank of Canada Hike Bets Grow Among Economists, Traders
More economists and traders expect the Bank of Canada to hike interest rates next week after the central bankโs latest surveys showed inflation expectations rising.
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More economists and traders expect the Bank of Canada to hike interest rates next week after the central bankโs latest surveys showed inflation expectations rising.
A projected 3.2% September CPI reading puts pressure on the Bank of Canada ahead of its 28 October 2026 rate announcement and Monetary Policy Report. The post Canada Inflation Tests Bank of Canada’s 28 October Call appeared first on The Rio Times.
A senior Bank of Canada official said the central bankโs rate-setting body is in a โdilemmaโ and having spirited discussions about how to balance the impact of the trade war against the inflation effects of high energy prices.
Bank of Canada Deputy Governor Toni Gravelle said the central bank is trying to reduce upward pressure on Corra by regularly increasing the size of its two-week repo operations.