The recent rebound in core inflation and improved timely activity indicators will prompt the Bank of Canada to keep rates on hold at 2.75% next week – not least given policymakers will also want to wait for more clarity on future trade relations with the US. We still expect easing to resume soon, though two cuts this year is beginning to look less likely.
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:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services