
Rate forecast table


BoC expected to pause this week, but more rate cuts still likely
With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

Economists weigh in on BoC rate cut chances after inflation drop
Canada’s inflation rate eased to 1.8% in December, increasing the likelihood of a Bank of Canada rate cut this month, according to economists.

Bank of Canada rate hikes in 2026? National Bank thinks so.
Just when Canadians thought Bank of Canada rate hikes were behind us, one major bank is now forecasting their return as early as next year.

Why one analyst thinks the Bank of Canada will be forced to cut its policy rate to 1.75%
The Bank of Canada may be forced to continue lowering its policy rate more than markets are currently anticipating, with this easing cycle stretching into the second half of 2025.

Two big banks predict 225 bps worth of BoC rate cuts over the next year
As we appraoach what’s expected to be the Bank of Canada’s fourth consecutive interest rate cut this year, several major banks are forecasting that the rate-cutting cycle is far from over.

CIBC forecasts ‘supersized’ Bank of Canada rate cut by year end
The central bank may take a more aggressive approach to easing monetary policy than most have been expecting

The Big Banks are slashing their interest rate forecasts
The extreme volatility experienced in global financial markets over the past week is having an immediate impact on Canadian interest rate forecasts—they’re falling like autumn leaves in a gusty wind.

Here’s why markets are betting on a Bank of Canada rate cut tomorrow
Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why.