A poll from Reuters shows that economists have pushed back Canadian rate hike expectations by a quarter to Q4 2014. The previous poll was taken in April.
The Bank of Canada will hold its final meeting under the leadership of Mark Carney on Wednesday. Incoming Governor Poloz is seen as more likely to be dovish because of his background at Export Development Canada — a governmental organization that promotes exports.
At this point, any change in BOC policy is far on the horizon and will depend how growth and inflation develop.
