Following are the instant answers planned from the Bank of Canada's rate decision due Wednesday at 10am EST.
- Overnight Rate Target (level):
- Does the Bank say it’s assessing whether policy is sufficiently restrictive?
- Does the Bank say it’s prepared to raise interest rates further if needed to return inflation to target?
- Does the Bank suggest interest rates may need to stay high or restrictive for longer?
- Does the Bank of Canada say it will LIKELY need to raise interest rates?
- Does the Bank signal that another rate increase may be needed SOON?
- Does the Bank say the case for a rate hike has grown or is growing?