Latest Reuters poll results just out 15 Jan
- Bank of Canada to hike on Wednesday to 1.25% say 70% of those polled
- BOC expected to raise by 0.25% in Q1 Q3 and Q4 to 1.75% by year end
- hikes expected despite NAFTA risks
BOC gov Poloz said last month he is increasingly confident the economy will need less stimulus over time
Doubts on a rate hike though arose last week with talk of the US pulling out of NAFTA. Adam had this article too with Canadian banks all lining up for a hike
USDCAD currently 1.2425 having held 1.2400 earlier amid the general USD supply
with oil steady after a small retreat.
