Bank of Canada policy decision due Wednesday, 5 June 2024, 25bp rate cut expected

Market pricing is around 80% for a 0.25% rate cut from the Bank of Canada today, due at 0945 Eastern time:

Bank of Canada Governor Macklem's press conference will follow 45 minutes later.

Earlier previews are here:

• Bank of Canada rate decision: A cut of 25 basis points is expected
• The risk is the Bank of Canada do not cut rates this week, but wait until July - preview