Bank of Canada Meeting

Meeting Date:

January 24

Rate Decision:

Jan 24, 2024 - 02:45 pm

Description

The Bank of Canda carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.

Preview Coverage

MNI BOC WATCH: Macklem Core Focus To Clash With Rate Cut Hopes

Headline inflation has already exceeded the 2% target for almost three years.

Jan-22 12:50

MNI BoC Preview, Jan'24: Expecting Too Soon For Cuts Reiteration

An acceleration in the Bank's preferred core inflation measures and continued strength in wage growth could stall the decision to start flagging rate cuts

Jan-22 18:50

Review Coverage

MNI BOC WATCH: Macklem Says Debate Shifts To How Long To Hold

Language about another potential interest-rate hike dropped from rate decision but stays in Governor's opening press statement.

Jan-24 14:47

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