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Bank of Canada rate decision at the top of the hour

Bank of Canada rate decision at the top of the hour

The Bank of Canada will announce their interest rate decision at the top of the hour. The current rate is at 3.75%. There are mixed feelings about whether they do 25 or 50 basis points.

Goldman Sachs expects 50 basis points:

  • "At this week's BoC meeting, our economists expect the Bank to deliver another SObp hike, but under-delivery remains a risk on two fronts. First, it is possible that the BoC sees enough justification to hike by 25bps only, given the moderation in sequenti... Read More
Posted: Dec 7 2022, 14:53
Author Name: forexlive
Views: 102275

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