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BoC: Later easing path as inflation risks linger – Standard Chartered
Standard Chartered economists Dan Pan and Steve Englander now expect the Bank of Canada to delay its next rate cut to Q3 2026, while keeping the end‑2026 policy rate forecast at 2%. They argue that higher Oil prices and a recovering domestic demand backdrop should keep the central bank on hold, even as weak labour markets and trade uncertainty still justify further easing. [...]