# Investors expect Bank of Canada shift to half-percentage-point rate hikes

> Investors have shifted expectations toward Bank of Canada rate hikes of half a percentage point, reflecting concern about inflation. The article notes the Canadian dollar and oil have weakened in their usual relationship, and that a possible NDP-backed spending increase could add to inflation.

- Date: 2022-03-29 · published 2022-03-29T12:00:00.000Z
- Category: macro · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/42495-investors-expect-bank-of-canada-shift-to-half-percentage-point-rate-hikes
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Faster BoC tightening tends to strengthen the Canadian dollar, lowering the local cost of imported feed ingredients and tempering inflation-driven cost pressures.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/finance/investors-expect-bank-canada-shift-half-percentage-point-rate-hikes-2022-03-29/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.