Trader consensus on Polymarket reflects a 64% implied probability of no Bank of Canada rate hike in 2026, driven by the central bank's steady policy rate at 2.25% following its March 18 hold amid cooling inflation—February CPI eased to 1.8% year-over-year from 2.3% in January—and modest GDP growth projected at 1.1% for the year. Labor market softness and ongoing economic adjustment to U.S. tariffs have diminished reacceleration risks, aligning with the January Monetary Policy Report's outlook for subdued activity. Forecasters largely anticipate stability through year-end, though money markets price a modest 20-30% chance of hikes later; the April 29 rate decision and updated report loom as key catalysts.