August 8, 2024
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August 7, 2024
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on July 24, 2024.
Summary of Governing Council deliberations: Fixed announcement date of July 24, 2024
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Summary of deliberations
August 6, 2024
Bank of Canada publishes its 2025 schedule for policy interest rate announcements and other major publications
The Bank of Canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.
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August 2, 2024
The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.
Market Participants Survey—Second Quarter of 2024
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Market Participants Survey
July 24, 2024
Bank of Canada reduces policy rate by 25 basis points to 4½%
The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization.
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