The Fed hiked rates, is the BoC next?

The Federal Reserve raised interest rates for the first time since 2023—and markets are wondering if the Bank of Canada will follow. The 25-basis-point hike was widely expected after strong U.S. growth and persistent inflation, and it's unlikely to be a one-and-done. Canada's story is different. Inflation excluding energy sits near the 2% target, and a weak economy is still constraining price pressures. In this episode of The 10-Minute Take, Claire Fan and Carrie Freestone look at diverging central bank paths in Canada and the United States, and what could derail forecasts.