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Bank of Canada Decision in July?

icon for Bank of Canada Decision in July?

Bank of Canada Decision in July?

Jul 15

Jul 15

No Change 95%

25 bps decrease 4.6%

25 bps increase 1.5%

50+ bps decrease <1%

Polymarket

$11,707 Vol.

No Change 95%

25 bps decrease 4.6%

25 bps increase 1.5%

50+ bps decrease <1%

Polymarket

$11,707 Vol.

50+ bps increase

$2,138 Vol.

<1%

25 bps increase

$2,563 Vol.

1%

No Change

$2,254 Vol.

95%

25 bps decrease

$2,692 Vol.

5%

50+ bps decrease

$2,059 Vol.

<1%

This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement. The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its July 2026 interest rate decision with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.The Bank of Canada’s June 10, 2026, decision to hold the overnight policy rate steady at 2.25% for a fifth consecutive meeting underpins the 95% market-implied probability of no change at the July 15 announcement. Weak domestic economic activity, persistent U.S. trade policy uncertainty, and elevated oil prices tied to Middle East tensions have produced a transitory headline CPI spike to 2.8% in April, while core measures have eased near 2.1%. Policymakers signaled willingness to look through near-term energy effects without allowing pass-through into broader inflation, aligning with forward guidance that anticipates a prolonged pause. A shift away from this consensus would require incoming data showing either sustained inflation above target or a sharper rebound in growth and labor markets that alters the rate path.

This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement.

The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its July 2026 interest rate decision with relevant data is issued.

If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.

If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.

If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
Volume
$11,707
End Date
Jul 15, 2026
Market Opened
Apr 29, 2026, 7:51 PM ET
This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement. The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its July 2026 interest rate decision with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement. The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its July 2026 interest rate decision with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.The Bank of Canada’s June 10, 2026, decision to hold the overnight policy rate steady at 2.25% for a fifth consecutive meeting underpins the 95% market-implied probability of no change at the July 15 announcement. Weak domestic economic activity, persistent U.S. trade policy uncertainty, and elevated oil prices tied to Middle East tensions have produced a transitory headline CPI spike to 2.8% in April, while core measures have eased near 2.1%. Policymakers signaled willingness to look through near-term energy effects without allowing pass-through into broader inflation, aligning with forward guidance that anticipates a prolonged pause. A shift away from this consensus would require incoming data showing either sustained inflation above target or a sharper rebound in growth and labor markets that alters the rate path.

This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement.

The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its July 2026 interest rate decision with relevant data is issued.

If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.

If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.

If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
Volume
$11,707
End Date
Jul 15, 2026
Market Opened
Apr 29, 2026, 7:51 PM ET
This market will resolve according to the change in basis points in the target for the overnight rate resulting from the July 2026 interest rate announcement of the Bank of Canada, relative to the level it was prior to this announcement. The resolution source will be official information from the Bank of Canada, including the statement or release from its July 2026 interest rate announcement, scheduled for July 15, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its July 2026 interest rate decision with relevant data is issued. If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound. If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size. If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.

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Frequently Asked Questions

"Bank of Canada Decision in July?" is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "No Change" at 95%, followed by "25 bps decrease" at 5%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 95¢ implies that the market collectively assigns a 95% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Bank of Canada Decision in July?" has generated $11.7K in total trading volume since the market launched on Apr 30, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Bank of Canada Decision in July?," browse the 5 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Bank of Canada Decision in July?" is "No Change" at 95%, meaning the market assigns a 95% chance to that outcome. The next closest outcome is "25 bps decrease" at 5%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Bank of Canada Decision in July?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.