Free Trial

Most Analysts Look For A BoC Cut This Week

CANADA
  • Most of the analyst we surveyed expect a second 25bp rate cut this week but a few acknowledge it's a closer call than market pricing implies.
  • See summaries of their views and what to look out for in official commentary in the MNI BoC Preview here.

The Bloomberg survey of analysts meanwhile, conducted between 12-17 July so possibly not fully capturing the BOS (July 15) and CPI (July 16) releases, shows analysts are mixed between a 4.00% and 4.25% end-2024 rate.

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.