Free Trial

Analysts Tilt To Another 25bp BoC Hike In July

CANADA

A majority of analysts surveyed below see another 25bp hike in July after yesterday’s hike caught most off guard.

  • Most then imply a terminal rate of 5% although a Laurentian and RBC openly discuss the option of further hikes beyond then.
  • JPM and potentially CIBC stand out on the dovish side, with JPM calling for a terminal at the latest 4.75%.
  • Views fleshed out in the upcoming MNI Review.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.