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Bank of Canada to raise rates to 2.50% on October 28 and once again by end-March: Reuters poll

A Reuters poll found 56% of economists expect a quarter-point hike to 2.50%, with another increase likely by March.

Summary by WTVB
By Nushaiba Iqbal BENGALURU, Oct 23 (Reuters) - The Bank of Canada will raise its overnight rate by 25 basis points to 2.50% on October 28 and follow with one more hike by the end of March to pre-empt any further rise in inflation expectations, accordi...

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Bank of Canada to raise rates to 2.50% on October 28 and once again by end-March: Reuters poll

·London, United Kingdom
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WTVB broke the news on Friday, October 23, 2026.
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