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Rosenberg Says Bank of Canada Shouldn't Stay on The Sidelines

BY MT Newswires | ECONOMIC | 09/15/25 11:22 AM EDT

11:22 AM EDT, 09/15/2025 (MT Newswires) -- The United States Federal Reserve and the Bank of Canada policy meetings are scheduled for this Wednesday, said Rosenberg Research.

The BoC is tougher to gauge since it doesn't typically spend as much time as the Federal Reserve trying to tilt the markets verbally in a certain direction at any given moment of time -- though futures are priced 100% of the way for a 25bps rate cut, noted Rosenberg Research.

No different now, but Rosenberg thinks that given the clear evidence of widening slack in the labor market and an economy that is completely flat so far this year, that the BoC would basically be absolutely tone deaf if it remained on the sidelines for much longer.

Especially with the inflationary tariff threat having been dramatically reduced.

Markets will know more on Tuesday with the release of the August consumer price index data, the day before Governor Tiff Macklem and his crew of senior officials make up their minds, added Rosenberg.

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

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