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Interest rates find interest rates, along with supporting data and background information. For details, please read our full terms and conditions. The bank of canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly monetary policy report
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It does this by adjusting the target for the overnight rate on eight fixed dates each year. All bank of canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions With still high uncertainty, the canadian economy showing some resilience, and ongoing pressures on underlying inflation, governing council decided to hold the policy interest.
The bank of canada today published its 2026 schedule for policy interest rate announcements and the release of the quarterly monetary policy report.
We assess that the nominal neutral rate in canada currently lies in the range of 2.25% to 3.25%, unchanged from the april 2024 assessment Exchange rates find exchange rates, along with supporting data and background information All bank of canada exchange rates are indicative rates only, obtained from averages. The bank of canada today reduced its target for the overnight rate to 3¾%, with the bank rate at 4% and the deposit rate at 3¾%
The bank is continuing its policy of balance sheet. These tables are updated one day after the bank’s most recent announcement date for the target overnight rate, based on information available up to that date.
