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19 of 34 economists expect Bank of Canada to hike to 2.5% on Oct 28

Nineteen of 34 economists surveyed expect the Bank of Canada to raise its policy rate to 2.5% at its October 28 meeting. Among 29 economists who gave a longer view, 16 said the central bank will hike twice by March 2027.

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AI take

The split among surveyed economists signals genuine uncertainty rather than consensus, which matters for rate-sensitive sectors across crypto and real-asset markets that have priced in a fairly confident policy path. A near-majority calling for two hikes by March 2027 suggests the debate is less about direction than pace, leaving duration risk and carry trades exposed to each data release. Whether the October decision confirms the hawkish camp, and whether the longer-horizon calls hold as inflation data arrive, are the open questions worth tracking.

Generated by AI for reference only.

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