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BOC: Instant Answers Planned for Wednesday

CANADA

Following are the instant answers planned from the Bank of Canada's rate decision due Wednesday at 10am EST. 

  • Overnight Rate Target (level):
  • Does the Bank say it’s assessing whether policy is sufficiently restrictive? 
  • Does the Bank say it’s prepared to raise interest rates further if needed to return inflation to target?
  • Does the Bank suggest interest rates may need to stay high or restrictive for longer?
  • Does the Bank of Canada say it will LIKELY need to raise interest rates?
  • Does the Bank signal that another rate increase may be needed SOON?
  • Does the Bank say the case for a rate hike has grown or is growing?

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