Traders on Polymarket overwhelmingly back no change (92.5% implied probability) at the Bank of Canada's April 16 policy announcement, reflecting Governor Tiff Macklem's March 12 decision to hold the overnight rate at 2.75% following seven 25 basis point cuts totaling 225 bps since June 2024. February CPI printed at 2.6% year-over-year—within the 1-3% target but with persistent shelter-driven core pressures—while labor market data indicated cooling unemployment at 6.7% without sharp deterioration. This data-dependent pause aligns with trader consensus on balanced risks, pricing hikes at just 4.7% amid sticky inflation and cuts below 4% on softening growth. March CPI (due April 15) or employment figures could challenge this if they signal renewed disinflation or distress, prompting a rethink.
Experimental AI-generated summary referencing Polymarket data · UpdatedBank of Canada decision in April?
Bank of Canada decision in April?
No change 92%
Increase 5.3%
25 bps decrease 3.7%
50+ bps decrease <1%
$34,099 Vol.
$34,099 Vol.
50+ bps decrease
1%
25 bps decrease
4%
No change
92%
Increase
5%
No change 92%
Increase 5.3%
25 bps decrease 3.7%
50+ bps decrease <1%
$34,099 Vol.
$34,099 Vol.
50+ bps decrease
1%
25 bps decrease
4%
No change
92%
Increase
5%
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...Traders on Polymarket overwhelmingly back no change (92.5% implied probability) at the Bank of Canada's April 16 policy announcement, reflecting Governor Tiff Macklem's March 12 decision to hold the overnight rate at 2.75% following seven 25 basis point cuts totaling 225 bps since June 2024. February CPI printed at 2.6% year-over-year—within the 1-3% target but with persistent shelter-driven core pressures—while labor market data indicated cooling unemployment at 6.7% without sharp deterioration. This data-dependent pause aligns with trader consensus on balanced risks, pricing hikes at just 4.7% amid sticky inflation and cuts below 4% on softening growth. March CPI (due April 15) or employment figures could challenge this if they signal renewed disinflation or distress, prompting a rethink.
Experimental AI-generated summary referencing Polymarket data · Updated
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