Reuters survey: economists largely expect the BOC to keep policy unchanged through 2027, though some do not rule out future cuts. Bank of America: core inflation near 2% and no signs of overheating mean the BOC is likely to stand pat even if the Fed resumes hiking. Royal Bank of Canada: economic improvement supports a wait-and-see stance; recent oil shock has not produced persistent inflation—BOC likely to hold for a sixth meeting. Oanda: absence of broad inflation diffusion and a gradual recove

Reuters survey: economists largely expect the BOC to keep policy unchanged through 2027, though some do not rule out future cuts. Bank of America: core inflation near 2% and no signs of overheating mean the BOC is likely to stand pat even if the Fed resumes hiking. Royal Bank of Canada: economic improvement supports a wait-and-see stance; recent oil shock has not produced persistent inflation—BOC likely to hold for a sixth meeting. Oanda: absence of broad inflation diffusion and a gradual recovery reduce urgency to change rates; recommends continued caution. TD Securities: trade improvements and employment gains show resilience; oil-driven price rises have not spread—BOC expected to remain on hold. Scotiabank: no change expected at this meeting, but sees a 75 bps tightening window from Q4 into early next year if the rebound and inflation momentum continue. National Bank of Canada: expects no change to rates or the balance sheet, but will materially lower this year’s GDP forecast while raising headline inflation forecasts and modestly adjusting core inflation. Signal49 think tank: likely indefinite hold; forecasts only ~0.5% GDP growth this year and says weak energy prices and consumer confidence will constrain spending. BNY Mellon: recent core inflation and labour-market trends support holding; does not expect rate cuts before Q4 unless inflation unexpectedly falls. ING: threshold for materially hawkish action is high; no surprise likely unless oil rebounds to April–May levels.