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Bank of Canada Decision on January 27, 2027?

Chart

Hike ≥50 bps—
Hike 25 Bps—
No Change—
Cut 25 Bps—
Oct 12Oct 20Oct 27Nov 4Nov 11
100%75%50%25%0%

Outcomes

Hike ≥50 bps
0%—
Hike 25 Bps
0%—
No Change
0%—
Cut 25 Bps
0%—
Cut ≥50 bps
0%—

Rules

The outcome is decided by the target overnight rate decision that the Bank of Canada publishes in its interest rate announcement at 8:45 AM CT on January 27, 2027. The change is measured in basis points against the rate in effect immediately before that announcement, and a decision that leaves the rate unchanged counts as no change. The outcome is Yes if the change matches the move specified in the market question, such as a hike of at least a given size, no change, or a cut, and No otherwise. The outcome is final when the decision is published, early resolution does not apply, and if the release is delayed, resolution waits until it is published.

About

The target overnight rate is a policy interest rate that the Bank of Canada sets for Canada. The measure is the decision the Bank of Canada announces on the target overnight rate on January 27, 2027, expressed as the direction and size of any change from the level in effect just before it.

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