Finance · Polymarket
Will the Bank of Canada increase the target for the overnight rate by 25 bps at the December interest rate announcement?
As of Oct 31, 2026, traders on Polymarket price this market at 39%. RocketScience has a live forecast and a YES / NO call on it, updated the moment the news or the odds move. Sign up free to see today's picks, or go Pro for every call.
- Market odds
- 39%
- Our forecast
- 🔒 Members
- Call
- 🔒 Members
- Closes
- Dec 9, 2026 (38d 12h)
- Volume
- $66,197
- Exchange
- Polymarket
Open the live chart Trade on Polymarket ↗
Why we think this
- We weigh 30 stored news events for this market, the live order book and, for crypto, a spot-price model. The reasoning and the full story are for Pro members.
Latest headlines
- Bank of Canada interest rate increase may add pressure on local households · napaneetoday.ca
- Baystreet.ca - Bank Of Canada Expected To Raise Rates At Oct. 28 Meeting · baystreet.ca
- Canada needs to adopt AI but risks remain: Bank of Canada · financialpost.com
- Bank of Canada rate hike: Housing market may feel impact · bnnbloomberg.ca
- The Deputy Bank of Canada Governor KNOWS Canada housing market is COOKED. · investmentwatchblog.com
- The Bank of Canada will regret recent rate hike: Rosenberg · financialpost.com
Frequently asked questions
What are the odds for “Will the Bank of Canada increase the target for the overnight rate by 25 bps at the December interest rate announcement?”?
Traders on Polymarket price it at 39%.
What is RocketScience's prediction for “Will the Bank of Canada increase the target for the overnight rate by 25 bps at the December interest rate announcement?”?
Our forecast and call on this market are for members. Sign up free to see today's picks. Every call is YES or NO: YES when our own forecast is 50% or more.
When does this market close?
It closes on Dec 9, 2026 (UTC).
How is the forecast made?
We start from the live exchange price, filter out noise, add the direction of recent news (and a spot-price model for crypto), and re-forecast instantly when the odds jump.
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Last updated 2026-10-31 11:00 UTC. Forecasts are for information only, not advice. Do your own research.