07:51 AM EDT, 08/13/2025 (MT Newswires) -- Bank of Canada will publish the Summary of Deliberations of its July 30 policy meeting at 1:30 p.m. ET on Wednesday, noted Bank of Montreal (BMO).
As the debate to cut interest rates rages on, the bank will be scouring the BoC's minutes for clues on what could prompt the BoC to jump off the sidelines.
The Summary of Deliberations from the BoC's July policy meeting is expected to reflect policymakers' bias to cut rates further and the inflation worries that are keeping it from doing so, stated BMO. The bank will be looking for more details on what the BoC wants to see from inflation to prompt a cut, and which metrics drove it to state that underlying inflation is around 2.5%.
Concern about the economic outlook and building slack amid the uncertain trade backdrop are expected to be prominent as well, and will be informative on how keen the BoC is to reduce rates, added the bank.