GDP growth and inflation will be lower than the Bank of Canada anticipated this quarter, but the odds still seem to favour a 75bp policy rate hike next week to 3.25%. The risks to our forecast that the policy rate will peak at 3.5% still lie to the upside.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services