The Bank of Canada didn't budge on rates today, but it made its intentions more transparent. At this point, it's leaning towards keeping rates steady or gently lowering them later. Team Macklem has no plans to reach for the rate-hike lever.
The Bank's key statements, like the gem below, echo this stance clearly:
“If a weakening economy puts further downward pressure on inflation … there may be a need for a reduction in the policy interest rate.”
—BoC Statement, July 30, 2025
Despite that, Canadian yields are unchanged since the 9:45 a.m. ET announcement. What does this mean?
You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
