HALISTER1: CANADA ECO PREVIEW: BOC Rate Decision Due in 5 Minutes

CANADA ECO PREVIEW: BOC Rate Decision Due in 5 Minutes

(Bloomberg) -- Bank of Canada seen holding key rate at 0.5% by all 25 economists surveyed by Bloomberg; economic forecasts may be downgraded and USD may test 1.3300, according to preview of the decision.
  • Market pricing in probability of cut at ~9%, according to Bloomberg’s WIRP function
  • NOTE: Hot housing market likely to constrain BOC, Bloomberg News preview says
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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