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

Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after sliding near …