June 05, 2024 13:06 GMT
BoC Instant Answers Questions
CANADA
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- 40 minutes out from the BoC decision, consensus looks for a 25bps cut to 4.75%, as last week's soft GDP print provides the final building block in the argument for easing today. That said, there remains a sizeable minority looking for a delay to July - or later - for a first rate cut. Full MNI preview here: https://roar-assets-auto.rbl.ms/files/64492/BOCPre...
- Overnight Rate Target (level in x.xx%)
- If the Bank lowers rates, does it also signal the prospect of further easing?
- Does the Bank say it expects the pace of loosening policy to be measured, patient or slow?
- If the Bank does NOT lower rates, does it say it may soon be appropriate to cut?
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