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Central Bank Focus

BoC Holds; Fade 2026 Hikes Pricing

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Fade 2026 BoC hike pricing through CAD steepeners as muted inflation and labor softness keep downside risks for rates and GoC yields. The Bank of Canada left the overnight rate unchanged at 2.25% after signaling at its October meeting that it was ready to…

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