📝 <CAD=> BoC To Deliver Three Consecutive 50Bps Hikes: BofA

We believe the BoC will forcefully withdraw stimulus this year and move beyond neutral next year. We predict the Bank of Canada moving in the pace of 50bps at the April, June and July monetary policy meetings. After this, we see the BoC hiking by 25bps until it reaches a terminal rate of 3.25% - Bank of America