Choose your settings
Choose your language
Weekly Commentary

Sprinting Towards Neutral

April 22, 2022
Jimmy Jean • Randall Bartlett • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon • Royce Mendes

As we’ve been revising inflation forecasts higher in recent months and given that central banks are behind the curve, we have adjusted our views for rates two-fold. First, we believe that we are currently in a shock treatment phase, which will see more supersized hikes and the start of quantitative tightening. In fact, we currently expect the Bank of Canada (BoC) to deliver a 75 basis-point hike in June.

PDF Publication

See the full publication in PDF.