Press Releases

• October 28, 2020

  Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.

  Content Type(s): Press, Press releases
• October 9, 2020

  Central banks and BIS publish first central bank digital currency (CBDC) report laying out key requirements

  Media Relations Ottawa, Ontario

  This joint press release announces the publication of a report identifying the foundational principles necessary for any publicly available central bank digital currencies to help central banks meet their public policy objectives.

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech