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

  • A 25bp rate is widely expected, but not unanimously. Bank of Canada preview.
Eamonn Sheridan
05/06/2024 | 02:08 GMT

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 05 June 2024 screenshot 2

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

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