Canada Interest Rate Decision

CAD
Actual
4.50%
Forecast
4.50%
Previous
4.50%
Latest Release
Mar 08, 2023
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 12, 2023 16:00 - 4.50%
4.50%
Mar 08, 2023 17:00 4.50% 4.50%
4.50%
Jan 25, 2023 17:00 4.50% 4.50%
4.25%
Dec 07, 2022 17:00 4.25% 4.25%
3.75%
Oct 26, 2022 16:00 3.75% 4.00%
3.25%
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  • khomotso jonathan @khomotso jonathan
    whats the thoughts on Bank of Canada
    Like 2