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Bank of Canada July meeting recap: steady stance and forecast revisions - rbc.com
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Bank of Canada July meeting recap: steady stance and forecast revisions rbc.com
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Key takeaways from the Bank of Canada meeting minutes for July 2026
DESK NOTERBC Economics
Forward Guidance: Bank of Canada to hold interest rates as prices rise but economy wobbles
Per the full note [source], RBC Economics expects the Bank of Canada to hold rates steady on June 4, 2025, following a close call after April's pause. The decision is supported by upside inflation surprises and stabilizing consumer spending, while labor market weakness and trade risks argue for a cut. The bias is dovish hold, with market focus on Friday's employment report and Thursday's trade data for confirmation of the economy's trajectory.
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