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A Bank of Canada rate hike could still land in 2026, say economists after inflation reading
Markets now see an 80% chance of a quarter-point hike as Governor Tiff Macklem warns inflation could drift higher.
Summary by Financial Post
4 Articles
4 Articles
USD/CAD Falls as BoC Hike Bets Surge: Can One Hike Break 1.4000? - ActionForex
The probability of an October 28 BoC hike jumped from 30% to 82.8% in a single weekend, driving USD/CAD toward the 1.4000 reversal zone. But with markets already pricing roughly four hikes through September 2027, one increase may not be enough—the Bank's updated inflation projections and guidance will decide whether the breakdown holds.
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
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