📝 Expect The BoC to Deliver 75bps Rate Hikes In July And September: Morgan Stanley

See the BoC delivering 75bps rate hikes in July and September, the moves will be followed by standard hikes, taking the overnight rate above neutral to 3.5% by the end of the year. Expect the front-loading of rate hikes and the higher peak to reduce growth and inflation modestly in 2023.

- Morgan Stanley