TechFlow News, March 17: According to JINSHI Data, Bank of America economist Carlos Capristani maintains that the Bank of Canada will hold its interest rates steady for the remainder of 2026. However, he acknowledges that “a rate hike—or multiple hikes—remains a risk over the coming months” due to volatility in energy prices. He expects the Bank of Canada’s governor to highlight economic uncertainties stemming from the Middle East conflict and outline the potential implications of rising oil prices. Capristani anticipates the Bank may signal that the “timing” of its next move remains uncertain—but will not indicate any possible direction. Traders have already priced in at least one rate hike by the end of 2026.
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