- Jimmy Jean • Randall Bartlett • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon • Royce Mendes
Weekly Commentary
Sprinting Towards Neutral
April 22, 2022
As we’ve been revising inflation forecasts higher in recent months and given that central banks are behind the curve, we have adjusted our views for rates two-fold. First, we believe that we are currently in a shock treatment phase, which will see more supersized hikes and the start of quantitative tightening. In fact, we currently expect the Bank of Canada (BoC) to deliver a 75 basis-point hike in June.