The Bank of Canada meet next on December 4. Reuters report on their latest poll, which has all those surveyed agreeing the Bank would remain on hold.
- Reuters poll of over 30 economists
- taken November 19-26
Further out:
- When asked if the Canadian economy actually needs a rate cut before the end of next year, a slim majority of economists - 13 of 24 - said no. (a month back, a similar set of economists were slightly inclined toward a cut)
- That change in expectations was primarily driven by comments from BoC officials - Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins - who spoke last week at separate events about Canada's monetary conditions being "about right" despite global trade tensions.
