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- Bank of Canada to hike once this year; small chance of cut1 Mar 2019—reuters.comBENGALURU (Reuters) - The Bank of Canada may be closer to a policy turning point, as it is still set to hike its key interest rate once more later this year but there is now a small chance of a cut, according to economists polled by Reuters. A jogger runs past the Bank of Canada building in Ottawa, Ontario, Canada, July 11, 2018. REUTERS/Chris Wattie Although the BoC still aims to take the overnight rate, currently at 1.75 percent, up closer to what it says is the neutral range, the latest...
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