The Bank of Canada’s September 2 decision to hold the overnight rate steady at 2.25% for a seventh consecutive meeting reflects the primary driver behind the 88.6% market-implied probability of no change at the October 28 announcement. Recent data showed Q2 GDP expanding 3.3% amid broadening recovery in consumption, housing, exports, and business investment, while July CPI held near 3% from elevated gasoline prices tied to Middle East tensions, with core measures and CPI excluding gasoline remaining near 2%. The BoC highlighted increased upside inflation risks from persistent energy prices alongside heightened downside growth risks from new U.S. tariffs and trade uncertainty, leaving the policy rate appropriate for now. Analyst consensus and OIS markets continue to price limited odds of a 25-basis-point move in either direction, with the upcoming Monetary Policy Report providing the next key update on the inflation and growth outlook.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo Change 88.7%
25 bps increase 5.3%
25 bps decrease 2.3%
50+ bps increase <1%
$50,986 Vol.
$50,986 Vol.
50+ bps increase
<1%
25 bps increase
5%
No Change
89%
25 bps decrease
2%
50+ bps decrease
<1%
No Change 88.7%
25 bps increase 5.3%
25 bps decrease 2.3%
50+ bps increase <1%
$50,986 Vol.
$50,986 Vol.
50+ bps increase
<1%
25 bps increase
5%
No Change
89%
25 bps decrease
2%
50+ bps decrease
<1%
The resolution source will be official information from the Bank of Canada, including the statement or release from its October 2026 interest rate announcement, scheduled for October 28, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its October 2026 interest rate decision with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
Market Opened: Jul 15, 2026, 9:50 PM ET
Resolver
0x69c47De9D...The resolution source will be official information from the Bank of Canada, including the statement or release from its October 2026 interest rate announcement, scheduled for October 28, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its October 2026 interest rate decision with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
Resolver
0x69c47De9D...The Bank of Canada’s September 2 decision to hold the overnight rate steady at 2.25% for a seventh consecutive meeting reflects the primary driver behind the 88.6% market-implied probability of no change at the October 28 announcement. Recent data showed Q2 GDP expanding 3.3% amid broadening recovery in consumption, housing, exports, and business investment, while July CPI held near 3% from elevated gasoline prices tied to Middle East tensions, with core measures and CPI excluding gasoline remaining near 2%. The BoC highlighted increased upside inflation risks from persistent energy prices alongside heightened downside growth risks from new U.S. tariffs and trade uncertainty, leaving the policy rate appropriate for now. Analyst consensus and OIS markets continue to price limited odds of a 25-basis-point move in either direction, with the upcoming Monetary Policy Report providing the next key update on the inflation and growth outlook.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


Beware of external links.
Beware of external links.
Frequently Asked Questions