Bank of Canada Meeting

Meeting Date:

March 06

Rate Decision:

Mar 06, 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 Preview, Mar'24: A Stepping Stone To April Guidance Shift?

The Bank of Canada isn't expected to meaningfully change guidance this meeting, with greater attention on its latest assessment of underlying inflation trends

Mar-04 18:26

MNI BOC WATCH: Macklem Seen Shifting To More Neutral Stance

Signaling a pivot to rate cuts now could inflame housing as other upside inflation risks linger for Canada.

Mar-01 19:17

Review Coverage

MNI BoC Review, Mar'24: See You In Five Weeks

The Bank of Canada lent a little more hawkish than expected, reiterating worry about persistence in underlying inflation and explicitly adding it's still too early to consider cutting rates

Mar-07 11:15

MNI BOC WATCH: Macklem Says Too Soon To Consider A Rate Cut

Officials remain concerned with persistent underlying inflation.

Mar-06 14:45

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