WSJ survey sees Bank of Canada holding rates unchanged through 2026

Economists surveyed by The Wall Street Journal reportedly do not expect a Bank of Canada policy move until 2027, signaling a prolonged pause in the central bank’s rate path.

Summary

Economists surveyed by The Wall Street Journal reportedly expect the Bank of Canada to keep interest rates unchanged for all of 2026, with no policy shift anticipated until 2027. If realized, that would point to an extended holding pattern for Canadian monetary policy and suggest forecasters see inflation and growth conditions evolving in a way that does not force near-term action from the central bank.

Terms & Concepts
  • Bank of Canada: Canada’s central bank, which sets monetary policy.
  • monetary policy: Central bank actions that influence interest rates and financial conditions.