June 21, 2023
Find news by keyword, author, content type, location, source, topic or publication date.
Latest news
June 8, 2023
Adjusting to higher interest rates
Speaking a day after we raised interest rates, Deputy Governor Paul Beaudry talks about what Governing Council considered in its decision. He also suggests reasons why long-term interest rates could remain higher than they were before the COVID-19 pandemic.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Topic(s):
Central bank research,
Coronavirus disease (COVID-19),
Domestic demand and components,
Expectations,
Housing,
Inflation and prices,
Inflation targets,
Interest rates,
Labour markets,
Monetary policy,
Monetary policy transmission,
Price stability,
Recent economic and financial developments,
Service sector
June 7, 2023
Bank of Canada raises policy rate 25 basis points, continues quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%.
Content Type(s):
Press,
Press releases
May 25, 2023
New exhibition Money in 10 Questions: Kids Edition opens at the Bank of Canada Museum
The Bank of Canada Museum is inviting children to visit a new exhibition that is inspired by questions they have about money. Money in 10 Questions: Kids Edition is a play-based experience that helps children understand money and how to handle it. The exhibit opens to the public on May 25 and includes special activities for families.
Content Type(s):
Press,
Press releases
May 23, 2023
Bank of Canada Museum announces 2023 recipients of Award for Excellence in Teaching Economics
The Bank of Canada Museum is honouring two outstanding educators for their exceptional work in teaching students about the economy.
Content Type(s):
Press,
Press releases