Will the Bank of Canada announce a 25 bps decrease at the April meeting?

“BoC has been on hold in early 2026 with rate around 2.75%. April 2026 meeting most likely held rates steady rather than cutting 25bps, based on recent BoC stance.”

“With resolution on Apr 29, the April BoC decision is effectively imminent/known. Given recent easing bias and typical 25 bps step size, a cut is more likely than not, though not certain due to inflation/data surprises.”

“Recent economic data shows slowing growth and inflation near target, but uncertainty from US trade policy makes a cut possible but not certain.”