Polymarket traders assign a 94.8% implied probability to no change at the Bank of Canada's April 16 monetary policy decision, driven by sticky core inflation and resilient labor market conditions. February CPI accelerated to 2.6% year-over-year, with preferred core gauges around 2.9%—above the 2% target—while unemployment stabilized at 6.7% and wage growth remained firm. Governor Tiff Macklem's March remarks underscored data-dependent patience post the December rate cut to 4.25%, tempering cut expectations. This near-unanimous trader consensus, backed by real capital, faces realistic challenges from softer March CPI data due April 15 or abrupt employment weakness, which could revive 25 basis point cut odds.
Experimental AI-generated summary referencing Polymarket data · UpdatedBank of Canada decision in April?
Bank of Canada decision in April?
No change 93.2%
Increase 5.7%
25 bps decrease 1.1%
50+ bps decrease <1%
$56,233 Vol.
$56,233 Vol.
50+ bps decrease
<1%
25 bps decrease
1%
No change
93%
Increase
6%
No change 93.2%
Increase 5.7%
25 bps decrease 1.1%
50+ bps decrease <1%
$56,233 Vol.
$56,233 Vol.
50+ bps decrease
<1%
25 bps decrease
1%
No change
93%
Increase
6%
If the target for the overnight rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket. For example, if the relevant rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.
The resolution source for this market is information released by the Bank of Canada after its April 29, 2026 policy meeting, as listed on the official Bank of Canada calendar: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates
This market may resolve as soon as the Bank of Canada's statement for their April meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Market Opened: Jan 30, 2026, 7:07 PM ET
Resolver
0x2F5e3684c...If the target for the overnight rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket. For example, if the relevant rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.
The resolution source for this market is information released by the Bank of Canada after its April 29, 2026 policy meeting, as listed on the official Bank of Canada calendar: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates
This market may resolve as soon as the Bank of Canada's statement for their April meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Resolver
0x2F5e3684c...Polymarket traders assign a 94.8% implied probability to no change at the Bank of Canada's April 16 monetary policy decision, driven by sticky core inflation and resilient labor market conditions. February CPI accelerated to 2.6% year-over-year, with preferred core gauges around 2.9%—above the 2% target—while unemployment stabilized at 6.7% and wage growth remained firm. Governor Tiff Macklem's March remarks underscored data-dependent patience post the December rate cut to 4.25%, tempering cut expectations. This near-unanimous trader consensus, backed by real capital, faces realistic challenges from softer March CPI data due April 15 or abrupt employment weakness, which could revive 25 basis point cut odds.
Experimental AI-generated summary referencing Polymarket data · Updated
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