bank of canada rate announcement 2020


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  • How often does Bank of Canada announce rates?

    Interest Rate Announcement and Monetary Policy Report
    Four times a year, Governing Council presents the Monetary Policy Report: the Bank's base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.

  • What interest rate did Canada announce?

    The Bank of Canada has announced its key overnight interest rate will remain at five per cent, keeping its benchmark the same for the fourth time in a row.
    Today's announcement was predicted by many economists.
    The central bank last raised interest rates in July 2023.24 jan. 2024

  • The central bank kept its policy rate at 5.0 per cent in its third consecutive decision and its final rate announcement of 2023.

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