BoC Preview: With modest conviction we expect a 25bps hike – Scotiabank

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BoC Preview: With modest conviction we expect a 25bps hike – Scotiabank
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BoC Preview: With modest conviction we expect a 25bps hike – Scotiabank BOC CentralBanks InterestRate USDCAD Banks

“The Bank of Canada weighs in with a full suite of communications this Wednesday including an updated policy statement and Monetary Policy Report with fresh forecasts followed by the 11am ET press conference hosted by Governor Macklem and SDG Rogers. This will also be the first time that the BoC releases meeting minutes two weeks later on February 8th and a day after Macklem speaks in Quebec City.

“Part of the reason for that is that the BoC surprises in both directions when it chooses to surprise.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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