{"id":838172,"date":"2026-07-31T13:03:13","date_gmt":"2026-07-31T13:03:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/838172\/"},"modified":"2026-07-31T13:03:13","modified_gmt":"2026-07-31T13:03:13","slug":"economists-expect-the-bank-of-canada-to-hold-rates-through-the-rest-of-the-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/838172\/","title":{"rendered":"Economists expect the Bank of Canada to hold rates through the rest of the year"},"content":{"rendered":"<p lang=\"EN-US\" paraeid=\"{23139dc4-5bce-41d3-9074-f0b8d31effed}{199}\" paraid=\"899435599\">Markets are not fully sold on that calm.\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{eb103424-02aa-44f8-9f91-3c03e12d6081}{147}\" paraid=\"1453707341\">After the July 15 decision, Capital Economics North America economist Thomas Ryan said the bank&#8217;s messaging &#8220;suggests it has no intention of responding to energy-driven inflation with higher interest rates,&#8221; adding that &#8220;money markets continue to price in some chance of tightening.&#8221;\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{c564c6a1-aa14-4cfc-866e-723cd622fa4d}{28}\" paraid=\"247590494\">The council left that door ajar, warning in the summary that &#8220;if\u00a0<a href=\"https:\/\/www.wealthprofessional.ca\/news\/industry-news\/risk-of-sustained-inflation-surge-is-limited-says-cpa-canada-economist\/393059\" rel=\"noreferrer noopener nofollow\" target=\"_blank\">oil prices increased<\/a>\u00a0and were to stay higher, spillovers to other prices could increase, raising the risk that inflation would broaden.&#8221;\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{c564c6a1-aa14-4cfc-866e-723cd622fa4d}{38}\" paraid=\"754021\">Such a move, it added, &#8220;would likely require a monetary policy response.&#8221;\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{23139dc4-5bce-41d3-9074-f0b8d31effed}{201}\" paraid=\"837251939\">That tension traces back to gasoline.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Markets are not fully sold on that calm.\u00a0\u00a0 After the July 15 decision, Capital Economics North America economist&hellip;\n","protected":false},"author":2,"featured_media":838173,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[52,49,48,3607,9316,44],"class_list":["post-838172","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-bank-of-canada","tag-ca","tag-canada","tag-gdp","tag-interest-rates","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/838172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=838172"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/838172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/838173"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=838172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=838172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=838172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}