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Stock impact report

Bank of Canada expected to keep key rate steady this week [Investment Executive - News]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Many economists expect no change in the Bank of Canada's benchmark interest rate later this week — and, possibly, for the rest of the year. The central bank will make its first interest rate decision of 2026 on Wednesday. Financial market odds for a rate hold this week stood at nearly 89% as of Friday, according to LSEG Data & Analytics. The Bank of Canada held its policy rate steady at 2.25% in December, coming off two consecutive quarter-point cuts in the second half of 2025. At that decision, governor Tiff Macklem said the central bank believes monetary policy is at “about the right level” to balance a turbulent economy and lingering inflationary pressures. TD Bank economist Rishi Sondhi said in a note Friday that forecasters ought to take the Bank of Canada at its word when it comes to rate expectations. “The Bank has repeatedly said that they are happy with the current policy stance, provided the economy evolves broadly in line with expectations,” he said. “It woul Show less Read more
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