Economists See BOC Cutting Again by Next.....>

CANADA: Economists See BOC Cutting Again by Next Meeting

-BOC statement on Wed 50bp cut said it was prepared to act further on virus

outbreak if needed. Next meeting is April 15.

-CIBC's Avery Shenfeld: "reasonable to assume a further 25 bp cut in April, with

the rest of this year's story being dependent on which virus scenario plays

out."

-Stephen Brown, Capital Economics: "We expect the Bank to follow today's cut

with another 25 bp reduction at the next meeting in April."

-Doug Porter, BMO: "Today's move is unlikely to be the last cut. One scenario

could see the Bank trim rates by 25 bps in each of its next two decisions."

-Josh Nye, RBC: "The BoC is likely to cut in April in addition to today's

larger-than-expected move."

-TD's Brian DePratto: "We cannot rule out another rate cut next month."

-National Bank Financial: "At this point, a further cut at the April 15th

meeting appears likely."