Hero Image

Bank of Canada Meeting

hero image

Meeting Date:

Jul 23, 2024

Rate Decision:

Jul 24, 2024 - 01:45 pm
hero image

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

Governor Macklem says more rate cuts are justified if prices keep slowing.

Jul-18 09:58

Conditions support a second consecutive cut from the Bank of Canada but a recent acceleration in core inflation could see some caution

Jul-22 15:41

Review Coverage

Governor Macklem sees inflation on an uneven path back to settling around the 2% target next year.

Jul-24 13:45

MNI: MNI BoC Review, Jul'24: A Low Bar For Near-Term Cuts * We have published and e-mailed to subscribers the MNI BoC Review. * Please find the full report including MNI analysis and views from 12 analysts, some of whom have pulled forward rate cut expectations, here: https://roar-assets-auto.rbl.ms/files/65409/BOCReviewJul2024.pdf

Jul-25 11:28

Instant answers

icon

Try MNI Instant Answers!

Our reporters formulate our instant answers broadcast based on current events and conditions.

Questions are available 24 hours before event. You get the answers right after the event.

Contact us to get more information!