The chances of a Bank of Canada rate cut in July have decreased from 65% to 54% following the release of CPI data, as indicated by the swaps market analysis. The odds fell further to 52% from 71% after a hot inflation report.
July Bank of Canada rate cut odds fall after hot inflation report. What's next for CAD https://t.co/qO0ryUzB0J
Chances of Bank of Canada rate cut in July drop to 54% from 65% post CPI data, according to swaps market analysis.
🔴 BANK OF CANADA JULY RATE CUT CHANCES FALL TO 54% FROM 65% BEFORE CPI DATA - SWAPS MARKET.
BANK OF CANADA JULY RATE CUT CHANCES FALL TO 54% FROM 65% BEFORE CPI DATA, SWAPS MARKET DATA SHOWS
Bank of Canada July rate cut odds fall to 52% from 71% on CPI data https://t.co/pQ6UqgWrxK