Will the Bank of Canada lower its overnight-rate target at the October 28, 2026 decision?

Question

This market will resolve YES if the condition in the YES section below is satisfied according to the official source, event, measurement and deadline written in this contract.

YES

YES if the first official numerical decision published for the scheduled meeting sets the overnight-rate target at a lower level from the one in force immediately beforehand.

NO

NO if the rate is unchanged or moves in the opposite direction.

Special cases

An unscheduled prior move changes the comparison baseline

Problyx · Accepted Answer

No — the community forecast puts this at 64%.

Problyx · Answer

Yes — the community forecast puts this at 36%.