Breaking News

Canada Interest Rate Decision

Latest Release

Jun 07, 2023

Actual

4.75%

Forecast

4.50%

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 stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.

Importance:

Country:

Currency: CAD

Source: Bank of Canada

Release Date	Time	Actual	Forecast	Previous
Jun 07, 2023	15:00	4.75%	4.50%	4.50%
Apr 12, 2023	15:00	4.50%	4.50%	4.50%
Mar 08, 2023	16:00	4.50%	4.50%	4.50%
Jan 25, 2023	16:00	4.50%	4.50%	4.25%
Dec 07, 2022	16:00	4.25%	4.25%	3.75%
Oct 26, 2022	15:00	3.75%	4.00%	3.25%

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	Interest Rates	Next Meeting
BOE	4.50%	Jun 22, 2023
ECB	3.75%	Jun 15, 2023
FED	5.25%	Jun 14, 2023
SNB	1.50%	Jun 22, 2023
RBA	4.10%	Jul 04, 2023
BOC	4.75%	Jul 12, 2023
RBNZ	5.50%	Jul 12, 2023
BOJ	-0.10%	Jun 16, 2023
CBR	7.50%	Jun 09, 2023
RBI	6.50%	Jun 08, 2023
PBOC	3.65%
BCB	13.75%	Jun 21, 2023