Bank of Canada’s monetary policy rate announcement preview (spoiler … non-event)

The BoC meet on Wednesday May 29 2019. As the headline to the post says, expectations are for no change.

I posted an earlier preview here:

• Bank of Canada meet May 29 - unanimous expectations of on hold rates (and likely for a long time)

This now, via CIBC on what to expect (obviously, no change is the TL;DR version):

• the Bank of Canada's rate announcement should be a non-event
• this isn't a meeting that comes with a new forecast, and the Bank is unlikely to change its stand-pat stance, as a huge job gain has been offset by fresh concerns over global trade.

A better idea would be just go fishing :-D