BoC MPR: CPI Q2/Q3'26 projections left unchanged, Q4 raised; quarterly GDP projections lifted across 2026

The Bank of Canada's recent Monetary Policy Report indicates that while CPI projections for Q2 and Q3 of 2026 remain unchanged, GDP forecasts for the same period have been raised.

Newsquawk StaffPublished 28 Jan 2026, 15:05 UTCOn the live feed at 14:45 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

15:00

Switzerland government announces a plan to increase the sales tax rate by 0.8% from 2028 to aid fund plan, injecting an additional CHF 31bln into defence and security spending

14:49

German Chancellor Merz says they are not prepared to accept a deterioration of the trade deal, with reference to the EU-US agreement. Adds, the basis for ratifying that remains in place.

14:45

BoC MPR: CPI Q2/Q3'26 projections left unchanged, Q4 raised; quarterly GDP projections lifted across 2026

14:41

ECB's Simkus says EUR/USD level does not imply any policy direction; the current ECB stance fits the current situation very well

14:39

[MARKET UPDATE] ASML (+0.6%) briefly slipped into the red, though is trading slightly positive now, adding some pressure to the AEX (+0.1%)

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Summary of projections:

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Context

This development suggests an optimistic view on economic growth, which could influence future rate decisions and market expectations, particularly for CAD and fixed income assets.

Fixed Income · last 90 days

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