The Bank of Canada cut rates again. Here’s why, and what’s next
WEBSep 4, 2024 · The Bank of Canada’s next interest rate announcement will come on Oct. 23, alongside updated forecasts for inflation and the Canadian economy.
Bank of Canada publishes its 2024 schedule for policy interest …
WEBJul 27, 2023 · The Bank of Canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
Policy interest rate - Bank of Canada
WEBPolicy interest rate. The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year. For more information on the policy interest rate, see this explainer.
Bank of Canada holds interest rates: Read the official statement
WEBMar 6, 2024 · Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today held its target for the overnight rate at five per cent, with the bank rate at 5.25 per cent and the deposit rate at five per cent. The bank is continuing its policy of quantitative tightening.
UPDATED: A timeline of Bank of Canada rate hikes
WEBOct 23, 2023 · The Bank of Canada has announced it will hold its overnight lending rate at five per cent. This marks the bank's third consecutive rate pause after raising its benchmark rate to five per cent over the past year and a half, starting from a low of 0.25 per cent in March 2022.
As expected, Bank of Canada holds interest rate steady at 5%
WEBDec 6, 2023 · The Bank of Canada decided to keep its benchmark interest rate steady at five per cent. The move was widely expected, as after raising its trendsetting rate 10 times since early 2022 to slow...
No change on interest rate as Bank of Canada sticks to 5%
WEBJan 24, 2024 · The Bank of Canada has announced its key overnight interest rate will remain at five per cent, keeping its benchmark the same for the fourth time in a row. Today's announcement was predicted by...
‘A big green light to cut’: What to expect from the Bank of Canada …
WEBJul 23, 2024 · The Bank of Canada is set for another interest rate decision on Wednesday, with most economists and market watchers betting on another cut. Here's what to expect.
Press - Bank of Canada
WEBSep 20, 2024 · Bank of Canada launches the 2025 Fellowship Program. The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2025 Governor’s Award. For this 2025 nomination period, we are not accepting applications for the Fellowship Award as all awards are currently held.
Bank of Canada holds rate steady but warns more increases are …
WEBOct 25, 2023 · The Bank of Canada has decided to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so and a sign it may be moving to the sidelines...