Polymarket traders price a 97.3% implied probability of no change in the Bank of Canada's policy rate at its April 29 announcement, reflecting the Governing Council's March 18 decision to hold at 2.25% amid balanced risks. February data showed CPI inflation easing to 1.8% year-over-year and unemployment rising to 6.7% with an 84,000-job loss, yet recent deliberations published April 1 emphasized caution on upside inflation pressures from energy price surges linked to the Iran war, elevated food costs, and trade uncertainties, justifying a wait-and-see stance over easing. Realistic challenges include further labor market weakening in March jobs data or sub-2% CPI prints ahead of the Monetary Policy Report, potentially tilting toward a 25 basis point cut.
Experimental AI-generated summary referencing Polymarket data · UpdatedBank of Canada decision in April?
Bank of Canada decision in April?
No change 97.3%
Increase 1.9%
25 bps decrease <1%
50+ bps decrease <1%
$80,307 Vol.
$80,307 Vol.
50+ bps decrease
<1%
25 bps decrease
1%
No change
97%
Increase
2%
No change 97.3%
Increase 1.9%
25 bps decrease <1%
50+ bps decrease <1%
$80,307 Vol.
$80,307 Vol.
50+ bps decrease
<1%
25 bps decrease
1%
No change
97%
Increase
2%
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 price a 97.3% implied probability of no change in the Bank of Canada's policy rate at its April 29 announcement, reflecting the Governing Council's March 18 decision to hold at 2.25% amid balanced risks. February data showed CPI inflation easing to 1.8% year-over-year and unemployment rising to 6.7% with an 84,000-job loss, yet recent deliberations published April 1 emphasized caution on upside inflation pressures from energy price surges linked to the Iran war, elevated food costs, and trade uncertainties, justifying a wait-and-see stance over easing. Realistic challenges include further labor market weakening in March jobs data or sub-2% CPI prints ahead of the Monetary Policy Report, potentially tilting toward a 25 basis point cut.
Experimental AI-generated summary referencing Polymarket data · Updated
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