BoC Preview: Forecasts from seven major banks, leaving rates on hold BOC InterestRate USDCAD Macroeconomics Banks
on Wednesday, March 8 at 15:00 GMT and as we get closer to the release time, here are the expectations as forecast by the economists and researchers of seven major banks, regarding the upcoming announcement.“We have much more confidence that the BoC will leave policy rates unchanged.
steady while it assessed the impact of its cumulative interest rate increases. That suggests a relatively high bar to resume rate hikes, and one we do not think has yet been met.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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