10/20/2026
Oct 28 rate decision: a hold is back in play π‘
September inflation came in at 3.1% today, but core inflation eased β median at 1.9% and trim at 1.8% β with no broadening, even as energy pushed the headline up.
That's why markets are now pricing about a 78% chance the Bank of Canada holds at 2.25% on Oct 28, with December still live if energy stays high. TD Economics put it simply today: "no jump scares" in September.
Buyers: stability helps planning. Sellers: pricing still matters. Renewing soon? Get your paperwork ready now β DM me if you want to talk timing.