BoC: 25bp rate hike coming - TDS

Sandeep Kanihama FXStreet Contributor

The Bank of Canada will announce its policy decision at 10:00 ET and analysts at TD Securities are looking for a 25bp rate hike along with most forecasters.

Key Quotes

“We look for the Bank to retain an upbeat tone on economic conditions and continue to emphasize a gradual and data dependent approach to rate hikes going forward.”

“A press conference with Governor Poloz and Senior Deputy Governor Wilkins will follow the decision at 11:15 ET.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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