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Rosenberg Research "Marvels" Over "Illusion" That Bank of Canada's Next Rate Move Is a Tightening

BY MT Newswires | ECONOMIC | 01/15/26 09:50 AM EST

09:50 AM EST, 01/15/2026 (MT Newswires) -- Rosenberg Research said Thursday it "marvels" over the unanimous opinion among Bay Street economists that the Bank of Canada is done in this easing cycle.

Many think the next move is a tightening and the markets seem to have bought into that "illusion," the research said, before adding: "A pause is only a pause."

Rosenberg Research has read and reread the contents of the last BoC's Monetary Policy Report (MPR), and it doesn't see any reason why Canada's central bank will be done cutting rates, let alone rekindle a tightening cycle in an environment of elevated economic risks, lower inflation, and a widening output gap.

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

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