Reuters polling of economists shows all of them (40 polled expect the BOC on hold at the May 29 meeting.
A not surprising result, the Bank let go of its tightening bias last month and scaled back its near-term economic growth outlook (while expecting H2 to improve though)
Anyway, more from Reuters :
- By end-2020, about two-thirds who provided a view said rates would be either unchanged or lower
- 23% said a cut by the end of this year
- 40% said a cut by end 2020
