April 08, 2024 20:29 GMT
Summary Of Analyst Views Ahead Of BoC
CANADA
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- A majority of analysts surveyed in the MNI BOC Preview look for a June cut (see full preview here).
- Some even attribute non-trivial risk of a surprise cut on Wednesday, but others are notably more hawkish with Scotiabank at other end of the spectrum.
- There's a modest consensus for the neutral rate to be increased 25bps to a 2.25-3.25% range.
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