July 25, 2024 18:12 GMT
Summary Of Analyst Rate Paths After A Dovish BoC Meeting
CANADA
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[Taken from the MNI BoC Review, full note here]
- Some analysts pull forward the timing of cuts into September whilst others are undecided as to where the additional two cuts they envisage for 2024 will land over the next three meetings.
- JPMorgan are the most notable call change, now expecting a cut at every meeting from now through 1Q25.
- The July CPI report on Aug 20 could be a pivotal factor.
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