Big rethink on the Bank of Canada underway - ConsultFX

Big rethink on the Bank of Canada underway

Odds of a rate hike jump, and not just in July The odds of a Bank of Canada rate hike in July jumped to 79.5% from about 50% on the heels of the BOC statement. The big development was the removal of the word 'cautious,' which is a dead giveaway that the BOC plans to hike