# Bank of Canada Hike Expected

> Bank of Canada likely to hike rates again after today's 25bp increase.
- Title: Bank of Canada Hike Expected · Seekingalpha | Shortify
- Summary: Bank of Canada likely to hike rates again after today's 25bp increase. Bank of Canada raised policy rate to 2.5% today, expecting next hike in early 2027.
- Keywords: bank of canada, policy rate, overnight rate, 25bp, 2.5%, 2027, hike, money, business, Bank, Canada, Expected
- Source: Seekingalpha — https://seekingalpha.com/article/4958694-bank-canada-likely-hike-again-after-today-move
- Author: ING Economic and Financial Analysis
- Published: 2026-10-28T16:54:00+00:00
- Read time: 1 min
- Topics: bank of canada, policy rate, overnight rate, 25bp, 2.5%, 2027, hike, money, business
## BoC rate hike today
The Bank of Canada raised the policy rate by 25bp to 2.5% today, matching market expectations.
## Inflation risks noted
Policymakers acknowledge rising inflationary risks, and while not recommitting to a rate path, the indications are this won’t be a one-and-done hike.
## Next hike expected
We expect the next move in 1Q27, with risks of an earlier one in December. We remain cautious on CAD's upside risks.
## Key takeaway

Bank of Canada raised policy rate to 2.5% today, expecting next hike in early 2027.