10/29/2026
The Bank of Canada hiked policy rates 25 bps to 2.50%, as expected, almost exactly a year since they last cut rates. The Statement showed heightened concern about inflation, and easing growth worries.
Read more about the decision from BMO’s Managing Director, Canadian Rates & Macro Strategist, Benjamin Reitzes. http://spr.ly/6003BHW1Zb