Interest Rate Announcement

• Bank of Canada keeps rates at 1.75%, trims 2020 economic forecast

  The central bank is projecting growth of just 1.6 per cent this year.

  Money

  Jan 22, 2020
  
• Bank of Canada holds rates at 1.75% with no hint about future moves

  Canada's central bank said the economic damage from the U.S.-China trade war is worse than expected but did not mention the possibility of a future rate cut.

  Money

  Sep 4, 2019
  
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• Bank of Canada keeps key interest rate steady at 1.75%

  Despite Canada's rebounding growth, the central bank remains concerned about global trade tensions.

  Money

  Jul 10, 2019
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• Bank of Canada keeps interest rate at 1.25%, but economists predict hike in July

  The tone of the latest interest rate announcement suggests the bank is gearing up for a second interest rate increase this year on July 11.

  Money

  May 30, 2018
• Bank of Canada keeps interest rate at 1.25% but likely to hike later this year

  The next hike could come as soon as July, according to CIBC.

  Money

  Apr 18, 2018
• Bank of Canada raises key interest rate to 1.25%

  And further interest rates increases are likely 'warranted' in the future, the central bank said in its statement.

  Money

  Jan 17, 2018
• Bank of Canada expected to keep interest rate unchanged

  Analysts will focus on the tone of an announcement that arrives amid significant uncertainty about U.S. economic proposals.

  Canada

  Mar 1, 2017