rate odds,

Change central bankChange meeting
71%No change · +6 pts from a week agoMost likely outcome · decision in 19 days
No change −15.3 ptsRise 25 bps +9.5 ptsover 1 month

Key data points

Meeting
28 Oct 2026
Decision in
19 days
Chance of a cut
6%
Chance of a rise
23%
Expected move
+4 bps
Total by then
+4 bps
Next meeting
9 Dec 2026
Updated
07:46 UTC delayed 15 min

Market info

Category
Central bank decision
Source
Prediction markets
Frequency
Every 15 minutes
Units
Chance, %

From prediction markets, where traders buy and sell contracts on what will happen. Narwhal blends their prices into one probability for each outcome.

Odds by outcome

Odds by outcome, 28 Oct 2026
OutcomeKalshiPolymarketBlended1-week change
Cut of 50 bps or more<1%<1%<1%unchanged
Cut of 25 bps10%<1%6%+6 pts
No change66%79%71%+6 pts
Rise of 25 bps22%21%22%−12 pts
Rise of 50 bps or more2%<1%1%+1 pts

Markets

Prediction markets behind these odds
MarketWeight in blend24h volumeOpen interestSettles on
Kalshi59%$2K$43KBank of Canada
Polymarket41%$2K–Bank of Canada

Meetings ahead

Bank of Canada meetings ahead
MeetingCutNo changeRiseExpected moveTotal by then
28 Oct 20266%71%23%+4 bps+4 bps
9 Dec 20263%49%49%+11 bps+16 bps

Common questions

What are the odds of a Bank of Canada rate cut on 28 Oct 2026?

Prediction markets put the chance of a cut at 6%, no change at 71% and a rise at 23%. On average, they expect a rise of 4 basis points.

When is the next Bank of Canada meeting after that?

9 Dec 2026. Markets put the chance of no change there at 49%.

Where do these odds come from?

From prediction markets, where traders buy and sell contracts on what will happen. Narwhal blends their prices into one probability for each outcome.

How often do the odds update?

This page shows odds delayed by 15 minutes. The Predictions API serves live odds on paid plans.

Are these odds a forecast or advice?

No. They reflect traders' bets, which can change quickly. They are not an official forecast or investment advice.

Source
Prediction markets, blended by Narwhal; delayed 15 minutes, as of 9 Oct 2026, 07:46 UTC
Predictions API →
API
GET /v1/predictions/policy-paths/bank-of-canada
Predictions API →
Schedule
Official meeting dates
Bank of Canada meeting dates 2026 and 2027 →
Calendar
Canada release dates
Canada economic calendar →