October 26, 2023
Posts
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October 26, 2023
Bank of Canada announces changes to Overnight Reverse Repo operations
The Bank’s Overnight Reverse Repo (ORR) operations help reinforce the Bank’s target for the overnight rate in a floor system with large settlement balances. -
October 26, 2023
The Current, CBC Radio
Tiff Macklem, Governor of the Bank of Canada
Interview with The Current on CBC Radio -
October 25, 2023
Zone économie on Radio-Canada
Nicolas Vincent, Deputy Governor of the Bank of Canada
Interview with Zone économie on Radio-Canada -
October 25, 2023
Bank of Canada Media Interview – Zone économie
Nicolas Vincent, Deputy Governor of the Bank of Canada, will give an interview to Radio-Canada’s Gérald Fillion. -
October 25, 2023
Bank of Canada Media Interview – CBC Radio
Tiff Macklem, Governor of the Bank of Canada, was interviewed on CBC’s radio show The Current. The program airs tomorrow morning and begins at 8:30 (Eastern Time). -
October 25, 2023
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. -
October 25, 2023
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. -
October 25, 2023
Monetary Policy Report – October 2023
Higher interest rates are working to ease price pressures in Canada and inflation is coming down, though progress to the 2% target is slow. The Bank projects that inflation will stay around 3½% until the middle of 2024, returning to target in 2025. -
October 25, 2023
Bank of Canada interest rate announcement and release of the Monetary Policy Report
On Wednesday, October 25, 2023, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.