Bank of Canada Interest Rate Announcement

OTTAWA – On Wednesday, March 6, 2024, 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.

Time

09:45 (Eastern Time)

Lock-Up

At 08:15 (ET), journalists are invited to review the rate announcement press release, under embargo, at the Bank’s head office in Ottawa. Please use the Bank of Canada Museum entrance, located at 30 Bank Street (corner of Bank and Wellington), and bring photo ID.

For security reasons, journalists wishing to attend must confirm their presence by contacting Media Relations before noon (ET) on Tuesday, March 5, 2024. Those who have not registered will not be admitted to the lock-up.

At 9:45 (ET), the lock-up ends and the embargo is lifted.

Distribution

The press release will be available at 09:45 (ET) on the Bank’s website.

Media Availability

At 10:30 (ET) Tiff Macklem, Governor of the Bank of Canada, and Carolyn Rogers, Senior Deputy Governor, will hold a press conference in the Bank of Canada’s auditorium. The opening statement will be available on the Bank’s website at 9:45 (ET).

For security reasons, all media wishing to attend must register with the Bank in advance.To register, please contact Media Relations before 17:00 (ET) on Tuesday, March 5, 2024. Journalists, camera operators and still photographers who have not registered will not be admitted to the press conference.

Please use the Bank of Canada Museum entrance, located at 30 Bank Street (corner of Bank and Wellington), and bring photo ID.

Broadcasters needing to set up equipment will be granted access beginning at 9:45 (ET).

Accredited journalists who wish to participate remotely must contact Media Relations for connection information.

Webcast

Audio and video webcasts of the press conference will be accessible from the Bank’s website.

Note

For more information, please contact Media Relations.

Content Type(s): Press, Media advisories

Press Conference: Policy Rate Announcement – March 2024

Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).