Central Bank Guidance

National Bank of Canada Accelerates Rate Hike Expectations

23 Sep 2026

National Bank of Canada has adjusted its monetary policy outlook, pulling forward its expectation for a Bank of Canada interest rate hike from January to December 2026.

Why it matters

The shift in expectations for the Bank of Canada reflects a more hawkish stance on domestic inflation and economic resilience, directly impacting the CAD yield curve and market pricing.

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