Reuters poll: 19 of 31 surveyed economists see a BOC cut to 4.75% from 5% in June

A Reuters poll of 31 economists shows

• 19 out of 31 economists predict the BoC will cut the overnight rate to 4.75% from 5% in June.
• 15 out of 20 economists see a greater risk of the first BoC rate cut happening later than previously forecast, as opposed to sooner.