Polymarket traders are pricing a 55.5% implied probability for no change in the Bank of Canada's policy rate at its June meeting, with 39% for an increase, driven by persistent core inflation above the 2% target and resilient labor market data signaling economic strength. Recent September CPI showed headline inflation dipping to 1.6% year-over-year but core measures like CPI-trim at 2.4% and CPI-median at 2.6%, tempering cut expectations amid sticky services inflation. Robust September employment gains of 22,000 full-time jobs pushed unemployment to 6.6%, reinforcing a cautious policy stance from Governor Macklem's data-dependent rhetoric. Upcoming October CPI and GDP releases could catalyze shifts, with the current 3.75% overnight rate benchmarking trader consensus for limited easing.
Experimental AI-generated summary referencing Polymarket data · UpdatedBank of Canada decision in June?
Bank of Canada decision in June?
No change 60%
25 bps decrease 8%
50+ bps decrease 6%
Increase 0
50+ bps decrease
6%
25 bps decrease
8%
No change
60%
Increase
33%
No change 60%
25 bps decrease 8%
50+ bps decrease 6%
Increase 0
50+ bps decrease
6%
25 bps decrease
8%
No change
60%
Increase
33%
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 June 10, 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 June 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: Mar 24, 2026, 7:36 PM ET
Resolver
0x69c47De9D...Resolver
0x69c47De9D...Polymarket traders are pricing a 55.5% implied probability for no change in the Bank of Canada's policy rate at its June meeting, with 39% for an increase, driven by persistent core inflation above the 2% target and resilient labor market data signaling economic strength. Recent September CPI showed headline inflation dipping to 1.6% year-over-year but core measures like CPI-trim at 2.4% and CPI-median at 2.6%, tempering cut expectations amid sticky services inflation. Robust September employment gains of 22,000 full-time jobs pushed unemployment to 6.6%, reinforcing a cautious policy stance from Governor Macklem's data-dependent rhetoric. Upcoming October CPI and GDP releases could catalyze shifts, with the current 3.75% overnight rate benchmarking trader consensus for limited easing.
Experimental AI-generated summary referencing Polymarket data · Updated
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