Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

Scotiabank Previews Tuesday's Bank of Canada Deliberations of June Meeting

BY MT Newswires | ECONOMIC | 06/17/25 11:00 AM EDT

11:00 AM EDT, 06/17/2025 (MT Newswires) -- The Bank of Canada will release at 1:30 p.m. ET on Tuesday its Summary of Deliberations on the discussions leading up to the June 4 decision to hold the policy rate, noted Scotiabank.

Key may be any further clarity around forward guidance, said the bank.

If that isn't shared, then it may be in BoC Governor Tiff Macklem's speech on Wednesday, stated Scotiabank. During his post-decision press conference, Macklem said policymakers didn't have the confidence in the outlook to provide any forward guidance, but then proceeded to provide a form of forward guidance by emphasizing the importance of the next two consumer price index reports that are due before the July decision.

The comments could well be stale on arrival in light of guidance from the G7 Summit that Prime Minister Mark Carney and President Donald Trump are striving toward a trade and security deal within 30 days -- and as such before the July 30 BoC policy decision and Monetary Policy Report, added Scotiabank.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article