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JP Morgan are forecasting a +25bp Bank of Canada rate hike on Wednesday 12 July 2023

JP Morgan are forecasting a +25bp Bank of Canada rate hike on Wednesday 12 July 2023

Central Banks
Eamonn Sheridan
11/07/2023 | 03:51 GMT

JP Morgan expect the Bank of Canada to take their rate to 5% at the monetary policy meeting.

A +25bp hike is the consensus:

Bank of Canada policy meeting 12 July 2023

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