Deep Tide TechFlow News: On March 17, according to Golden Ten Data, Carlos Capristani, an economist at Bank of America, maintains that the Bank of Canada will keep interest rates unchanged for the remainder of 2026, but he also acknowledges that due to energy price volatility, there is a risk of "rate hikes or multiple rate hikes" in the coming months. He expects the Bank of Canada's governor will emphasize economic uncertainty brought by Middle East conflicts and explain the potential impacts that rising oil prices may bring. He expects the Bank of Canada may hint that the "timing" of its next move remains uncertain, but will not mention possible directions. Traders have already factored in the possibility of at least one rate hike by the end of 2026.
Deep Tide TechFlow News: On March 17, according to Golden Ten Data, Carlos Capristani, an economist at Bank of America, maintains that the Bank of Canada will keep interest rates unchanged for the remainder of 2026, but he also acknowledges that due to energy price volatility, there is a risk of "rate hikes or multiple rate hikes" in the coming months. He expects the Bank of Canada's governor will emphasize economic uncertainty brought by Middle East conflicts and explain the potential impacts that rising oil prices may bring. He expects the Bank of Canada may hint that the "timing" of its next move remains uncertain, but will not mention possible directions. Traders have already factored in the possibility of at least one rate hike by the end of 2026.