[Bank of America: Despite Surging Oil Prices, Bank of Canada Rate Hike Threshold Remains High] Deep Tide TechFlow reports that on April 6, according to Jin10 Data, Bank of America Securities believes the market currently expects the Bank of Canada to raise its policy rate by nearly half a percentage point this year. However, this shift reflects oil-related risk premiums and the tightening of global financial conditions, rather than any changes in Canada's domestic macroeconomic fundamentals. The bank stated that the threshold for a rate hike in 2026 is very high, and its baseline forecast assumes that despite rising oil prices, interest rates will remain unchanged. Bank of America noted that the central bank will not take action unless it observes sustained and significant shocks causing inflation to rise above 3% for several months and/or the Federal Reserve's rate hikes lead to a significant tightening of global financial conditions.