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RBC Add To Recent Calls Looking For Final 25bp Hike This Month

CANADA
  • RBC join the recent batch of analysts from the relatively more dovish end of the spectrum that had considered an end to the hiking cycle in December that now look for a final 25bp hike to 4.5% on Jan 25.
  • RBC had been undecided between pausing and another 25bp hike after the Dec BoC decision but have tilted towards 25bp after Friday’s employment report.
  • Recent changes to a 25bp hike have included CIBC and TD.

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