August 2, 2024
Find news by keyword, author, content type, location, source, topic or publication date.
Latest news
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.
Content Type(s):
Press,
Press releases
July 24, 2024
Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflation will be bumpy. Inflation returns sustainably to the 2% target in the second half of 2025.
Monetary Policy Report—July 2024
Content Type(s):
Publications,
Monetary Policy Report
July 24, 2024
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the policy rate decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
July 24, 2024
Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflation will be bumpy.
Monetary Policy Report—July 2024
Content Type(s):
Publications,
Monetary Policy Report