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Canada Interest Rate Decision

Canada Interest Rate Decision

Actual: 1.75%
Forecast: 1.75%
Previous: 1.75%
Importance:
Release Date: Sep 04, 2019
Currency: CAD
Country: Canada
Source Of Report: Bank of Canada

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.

Release Date Actual Forecast Previous
Dec 04, 2019
Oct 30, 2019 1.75% 1.75%
Sep 04, 2019 1.75% 1.75% 1.75%
Jul 10, 2019 1.75% 1.75% 1.75%
May 29, 2019 1.75% 1.75% 1.75%
Apr 24, 2019 1.75% 1.75% 1.75%

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