{
  "id": 3037563,
  "title": "Bank of Canada: Rates seen on hold then higher – TD Securities",
  "url": "https://urgent.news/2026/08/24/bank-of-canada-rates-seen-on-hold-then-higher-td-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T14:21:43.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/bank-of-canada-rates-seen-on-hold-then-higher-td-securities-202608241421"
  },
  "original_language": "en",
  "account": "TD Securities anticipates the Bank of Canada will keep the Overnight Rate at 2.25% through 2026, even though headline CPI is close to the upper limit of its target range. The bank anticipates a return to neutral at 2.75% in 2027 through two 25 basis point hikes, as excess supply becomes absorbed and oil-driven inflation shock subsides. The Bank of Canada enters a media blackout on Wednesday prior to the September 2nd policy decision, where TD Securities and the market will be waiting to see if the Bank holds rates steady at 2.25%.",
  "summary": "TD Securities expects the Bank of Canada to maintain the Overnight Rate at 2.25% through 2026, despite headline CPI near the top of its target range.",
  "key_points": [
    "Bank of Canada may keep rates at 2.25% through 2026",
    "TD Securities expects two 25 basis point hikes in 2027",
    "Media blackout on September 2nd before policy decision"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}