CIBC Predicts Bank of Canada's Policy Interest Rate Will Drop to 2.25%

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According to Jin Shi Data, CIBC Capital Markets Fixed Income Strategists indicate that traders may adjust their bets on the magnitude of the Bank of Canada's policy interest rate cut. The current market suggests a terminal rate of around 2.8%. CIBC believes that more rate cuts are likely in the future, with the Bank of Canada expected to stop at 2.25%. This situation has not yet been priced into the options market. The yield on 2-year Canadian government bonds may further decline from the current 3.1% to 2.5%. Bank of Canada Governor Macklem stated that it is currently unclear when rate cuts will stop, as they will find the neutral interest rate position. #BabyMarvin_f9c7值得期待并持有