Home / Market Update / Reuters: Bank of Canada Expected to Raise Rates to in Q4

Reuters: Bank of Canada Expected to Raise Rates to in Q4

All 34 economists that took part in a recently conducted Reuters poll said that they expect the Bank of Canada to leave its policy rate unchanged at the September 8 meeting.

Further details of the survey revealed that the median view was for the BoC to raise its policy rate to 0.5% in the fourth quarter of 2022.

Check Also

Dollar Climbs Amid Trade Talk Confusion and Fed Rate Cut Hopes

The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% …