Trader consensus on Polymarket heavily favors no change (87.5%) at the Bank of Canada's April 17 decision, driven by sticky core inflation metrics hovering above the 2% target—January CPI core at 3.1%—and resilient economic indicators like a 2.1% annualized GDP growth in Q4 2023 and unemployment steady at 6.1%. The 10.5% implied odds for a 25 bps cut reflect hopes for policy easing amid softening consumer spending, but March's steady policy stance and Governor Macklem's emphasis on data-dependent caution temper cut expectations. Rate hike odds at 2.4% remain negligible amid cooling headline inflation to 2.9% YoY, positioning steady rates as the capital-backed baseline ahead of key April CPI and employment releases.
Experimental AI-generated summary referencing Polymarket data · UpdatedBank of Canada decision in April?
Bank of Canada decision in April?
No change 88%
25 bps decrease 11%
Increase 2.5%
50+ bps decrease 1.0%
$14,037 Vol.
$14,037 Vol.
50+ bps decrease
1%
25 bps decrease
11%
No change
88%
Increase
3%
No change 88%
25 bps decrease 11%
Increase 2.5%
50+ bps decrease 1.0%
$14,037 Vol.
$14,037 Vol.
50+ bps decrease
1%
25 bps decrease
11%
No change
88%
Increase
3%
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...Resolver
0x2F5e3684c...Trader consensus on Polymarket heavily favors no change (87.5%) at the Bank of Canada's April 17 decision, driven by sticky core inflation metrics hovering above the 2% target—January CPI core at 3.1%—and resilient economic indicators like a 2.1% annualized GDP growth in Q4 2023 and unemployment steady at 6.1%. The 10.5% implied odds for a 25 bps cut reflect hopes for policy easing amid softening consumer spending, but March's steady policy stance and Governor Macklem's emphasis on data-dependent caution temper cut expectations. Rate hike odds at 2.4% remain negligible amid cooling headline inflation to 2.9% YoY, positioning steady rates as the capital-backed baseline ahead of key April CPI and employment releases.
Experimental AI-generated summary referencing Polymarket data · Updated
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