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

Rising U.S. Inflation Expectations Shake EUR/USD as Central Bank Decisions Loom

The EUR/USD currency pair is facing a notable decline as the U.S. dollar strengthens following …