Canada Interest Rate Decision

CAD
Actual
5.00%
Forecast
5.00%
Previous
5.00%
Latest Release
Apr 10, 2024
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Apr 10, 2024 15:45 5.00% 5.00%
5.00%
Mar 06, 2024 16:45 5.00% 5.00%
5.00%
Jan 24, 2024 16:45 5.00% 5.00%
5.00%
Dec 06, 2023 17:00 5.00% 5.00%
5.00%
Oct 25, 2023 16:00 5.00% 5.00%
5.00%
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  • khomotso jonathan @khomotso jonathan
    whats the thoughts on Bank of Canada
    Like 2