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Canada Interest Rate Decision

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Canada Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Jun 09, 2021
Actual
0.25%
Forecast
0.25%
Previous
0.25%
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.
Importance:
Country:
Currency: CAD
Source: Bank of Canada
Canada Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Jun 09, 2021 15:00 0.25% 0.25% 0.25%
Apr 21, 2021 15:00 0.25% 0.25% 0.25%
Mar 10, 2021 16:00 0.25% 0.25% 0.25%
Jan 20, 2021 16:00 0.25% 0.25% 0.25%
Dec 09, 2020 16:00 0.25% 0.25% 0.25%
Oct 28, 2020 15:00 0.25% 0.25% 0.25%

News

Dollar Down, Investors Digest Chinse Inflation Data
Dollar Down, Investors Digest Chinse Inflation Data By Investing.com - Jun 09, 2021 1

By Gina Lee Investing.com – The dollar was down on Wednesday morning in Asia with investors awaiting upcoming U.S. inflation data while digesting that released by China earlier in the day. They also...

Analysis

Michael Hewson
Chinese Inflation Jumps In May By Michael Hewson - Jun 09, 2021

European markets had another mixed session yesterday with the FTSE100 outperforming while the performance of markets in the US was pretty much identical to what happened on Monday, with the Russell...

BoC Interest Rate Decision Discussion

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