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Bank of Canada (BoC) Interest Rate Decision

Country:
Canada
CAD, Canadian dollar
Source:
Sector:
Money
High 1.25% 1.12%
1.0%
Last release Importance Actual Forecast
Previous
1.25%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History

Bank of Canada announces its decisions on interest rate eight times a year. It is one of the key events influencing the Canadian dollar quotes. The decision is made depending on the current economic conditions and financial outlook in the country.

Changes in the interest lead to a short-term volatility of the Canadian dollar. An increase in the interest rate is seen as positive for the national currency.

Last values:

actual data

The chart of the entire available history of the "Bank of Canada (BoC) Interest Rate Decision" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
1.25%
1.12%
1.0%
1.0%
1.08%
1.0%
1.0%
0.87%
1.0%
1.0%
0.75%
0.75%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.75%
0.75%
0.75%
0.75%
0.75%
0.75%
0.75%
0.75%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%