Financial Post·3 min read·medium

'Hawkish' Bank of Canada has economists pulling forward hike

'Hawkish' Bank of Canada has economists pulling forward hike
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Economists are divided on the Bank of Canada's interest rate strategy following a hawkish tone from central bankers. Despite economic growth, concerns over inflation and U.S. protectionist tariffs are complicating future policy decisions.

Why it matters

Monetary policy decisions in Canada directly impact inflation, consumer borrowing costs, and the broader economic stability of the nation.

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Copy Link Email X Reddit Pinterest LinkedIn Tumblr 'Hawkish' Bank of Canada has some economists pulling forward calls for rate hikes Given all this uncertainty, the right thing for the Bank of Canada to do is stand pat, said one economist

Join the conversation The Bank of Canada warning of tightening lending conditions is further proof that a hike is not on the table. Photo by HYUNGCHEOL PARK/Postmedia Article content The Bank of Canada held its benchmark lending rate at 2.25 per cent on Wednesday, but economists are split on the outlook for this year and 2027 due to the threat of inflation spreading and the effect of tariffs on growth.

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Here’s a look at what some of them are forecasting.

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