Breaking News

Canada Interest Rate Decision

Latest Release

Oct 23, 2024

Actual

3.75%

Forecast

3.75%

4.25%

Bank of Canada (BOC) governing council members come to a consensus on where to set the rate.Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the CAD, while a lower than expected rate is negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Bank of Canada

Release Date	Time	Actual	Forecast	Previous
Dec 11, 2024	22:45			4.25%
Oct 23, 2024	21:45	3.75%	3.75%	4.25%
Sep 04, 2024	21:45	4.25%	4.25%	4.50%
Jul 24, 2024	21:45	4.50%	4.50%	4.75%
Jun 05, 2024	21:45	4.75%	4.75%	5.00%
Apr 10, 2024	21:45	5.00%	5.00%	5.00%

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	Interest Rates	Next Meeting
BSP	2%	Feb 16, 2023
BOC	3.75%	Dec 11, 2024
FED	4.75%	Dec 18, 2024
BOE	4.75%	Dec 19, 2024
ECB	3.40%	Dec 12, 2024
SNB	1.00%	Dec 12, 2024
RBA	4.35%	Dec 10, 2024
RBNZ	4.75%	Nov 27, 2024
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CBR	21.00%	Dec 20, 2024
RBI	6.50%	Dec 06, 2024
PBOC	3.10%