The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 22, 2026
· 8 min read
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How market bets and economist views for future BoC rate moves have shifted in the wake of today’s hotter-than-expected inflation data
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Article Excerpt
How market bets and economist views for BoC rate moves have shifted in the wake of Monday’s inflation data
DARCY KEITH
PUBLISHED JUNE 22, 2026
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Today’s hotter-than-expected inflation report hasn’t convinced market participants that the Bank of Canada will be forced to hike interest rates any time soon.
Implied interest rate probabilities in overnight index swap markets suggest a near-zero per cent chance of any change in the bank’s overnight rate at its nex…
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