Back
17 May 2017
Reuters poll: Bank of Canada to leave interest rates on hold at 0.50% on May 24
Economists polled by Reuters think that the Bank of Canada will leave interest rates unchanged at 0.5% on May 24.
Key highlights (via Reuters):
- Majority of economists concerned future changes to U.S.- Canada trade arrangements will go beyond minor tweaks
- Canadian economy could take a material hit from Trump's protectionist trade agenda, majority of economists say
- Bank of Canada expected to hike rates 25 bps to 0.75 pct in q2 2018 (vs q1 2018 in April poll)