January 25, 2023 Bank of Canada Media Interview – CTV News Tiff Macklem, Governor of the Bank of Canada, gave an interview to Joyce Napier of CTV News. Content Type(s): Press, Media advisories
January 25, 2023 Bank of Canada Media Interview – Reuters Tiff Macklem, Governor of the Bank of Canada, gave an interview to Steve Scherer and David Ljunggren of Reuters. Content Type(s): Press, Media advisories
January 25, 2023 Bank of Canada Media Interview – TVA Nouvelles Deputy Governor Paul Beaudry gave an interview to Olivier Ferron-Boissé of TVA Nouvelles. Content Type(s): Press, Media advisories
January 25, 2023 CTV News Tiff Macklem, Governor of the Bank of Canada Interview with CTV News Content Type(s): Press, Media activities
January 25, 2023 TVA Nouvelles Paul Beaudry, Deputy Governor of the Bank of Canada Interview with TVA Nouvelles Content Type(s): Press, Media activities
January 25, 2023 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
January 25, 2023 Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. Content Type(s): Press, Press releases
January 25, 2023 Monetary Policy Report – January 2023 Inflation in Canada is still too high but has declined from its peak. As the effects of higher interest rates continue to spread through the economy, and with declines in energy prices and improved supply chains, inflation is projected to fall to around 3% in the middle of 2023 and reach the 2% target in 2024. Content Type(s): Publications, Monetary Policy Report
January 25, 2023 Bank of Canada interest rate announcement and release of the Monetary Policy Report On Wednesday, January 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. Content Type(s): Press, Media advisories