Will Bank of Canada Cut rates by 25bps at their July 2026 meeting?

Prediction markets currently give a 25% probability that Will Bank of Canada Cut rates by 25bps at their July 2026 meeting?. This contract trades at 25¢ on Kalshi, closing July 15, 2026. This market shows severe illiquidity with only $4 open interest and zero 24-hour volume, making the 25¢ price potentially unreliable for forecasting BoC policy.

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25¢
Bid/Ask 13/18¢·Spread 5¢·Vol $0·OI $4·Closes Jul 15, 2026·85d remaining
KXCBDECISIONCANADA-26JUL-C25
7-day price5 snapshots · 4 regime
15¢13¢ current
Apr 93¢Apr 20

Analysis

4d ago

This market shows severe illiquidity with only $4 open interest and zero 24-hour volume, making the 25¢ price potentially unreliable for forecasting BoC policy. The extreme implied yield of 2310% on the Yes side signals either mispricing due to thin liquidity or genuine conviction that a 25bps cut is highly unlikely, though the neutral regime score suggests no strong directional bias in market conditions. With 90 days to expiry and a wide 6¢ spread, this contract lacks sufficient depth for confident trading or analysis.

Resolution rules

If the Bank of Canada does a Cut of 25bps at its Jul 15, 2026 meeting, then the market resolves to Yes.

Indicators

IY (Yes) 2887.8%
IY (No) 64.5%
Adj IY 889%
CRI 7
Overround -0.2%
LAS 0.38
▶ Full indicator table (6)
IndicatorValue
IY (Yes)2887.8%
IY (No)64.5%
Adj IY889%
CRI7
Overround-0.2%
LAS0.38

Regime

Label
neutral
Score
0.5
Spread
5¢
Computed
4/21/2026, 11:35:50 PM
Has orderbookIndicators computed 4/21/2026, 11:23:25 PM

Trade

View on kalshisf trade KXCBDECISIONCANADA-26JUL-C25 yes 100

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