Of the 29 economists surveyed by Reuters, 19 predicted that the Bank of Canada would cut interest rates by 50 basis points to 3.75% on October 23, while 10 economists predicted a 25 basis point cut in interest rates. Of the 29 economists, 10 expect the Bank of Canada to cut interest rates to 3.50% by the end of 2024, 9 to 3.75%, 9 to 3.25%, and 1 to 4.00%.

Of the 29 economists surveyed by Reuters, 19 predicted that the Bank of Canada would cut interest rates by 50 basis points to 3.75% on October 23, while 10 economists predicted a 25 basis point cut in interest rates. Of the 29 economists, 10 expect the Bank of Canada to cut interest rates to 3.50% by the end of 2024, 9 to 3.75%, 9 to 3.25%, and 1 to 4.00%.