Canada Interest Rate Decision

CAD
Actual
5.00%
Forecast
5.00%
Previous
5.00%
Latest Release
Jan 24, 2024
Importance
Overview
The Bank of Canada (BOC) publishes its decision on where to set the benchmark interest rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely..

A reading that is weaker than forecast is generally supportive (bullish) for the CAD, while a stronger than forecast reading is generally negative (bearish) for the CAD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Mar 06, 2024 20:15 - 5.00%
5.00%
Jan 24, 2024 20:15 5.00% 5.00%
5.00%
Dec 06, 2023 20:30 5.00% 5.00%
5.00%
Oct 25, 2023 19:30 5.00% 5.00%
5.00%
Sep 06, 2023 19:30 5.00% 5.00%
5.00%
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