Breaking News

Canada Interest Rate Decision

Latest Release

Apr 10, 2024

Actual

5.00%

Forecast

5.00%

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	11:00
Oct 23, 2024	10:00
Sep 04, 2024	10:00
Jul 24, 2024	10:00
Jun 05, 2024	10:00
Apr 10, 2024	09:45	5.00%	5.00%	5.00%

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BoC Interest Rate Decision Discussion

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	Interest Rates	Next Meeting
BOC	5.00%	Jun 05, 2024
FED	5.50%	May 01, 2024
BOE	5.25%	May 09, 2024
ECB	4.50%	Jun 06, 2024
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