Bank of Canada Meeting

Meeting Date:

Jun 04, 2024

Rate Decision:

Jun 05, 2024 - 01:45 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 Set For First G7 Rate Cut This Cycle

An expected rate cut from the Bank of Canada would be the first in four years.

May-31 15:40

MNI BoC Preview - June 2024: GDP Last Building Block for Rate Cut

Soft growth, inflation metrics give green light for first easing of the cycle

Jun-03 16:28

Review Coverage

MNI BOC WATCH: Cut Leads G7 And Macklem Sees More Slow Moves

Governing Council says less restrictive policy is justified amid more confidence inflation is returning to target.

Jun-05 13:45

MNI BOC Review - June 2024: Easing Underway, Meeting-By-Meeting Approach

The Bank of Canada decided to cut the overnight policy rate by 25bps to 4.75%, and suggested it is reasonable to expect further cuts if the data allows.

Jun-06 11:59

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