| July 22, 2024 |
| July 23, 2024 |
| July 24, 2024 |
| 01:30 |  | June | NHPI m/m | -0.2% | 0.1% | 0.2% |
| 02:45 | | Year | BOC Rate Statement | | | |
- Name:
-
BOC Rate Statement
- Essence:
Announcement of key policy rate. Monetary policy decisions are reached through consensus by the members of the Bank's Governing Council.
- Why imprtant:
Short term interest rates are the key factor in currency valuation. Change in key interest rate has a direct impact on interest rates for consumer loans, mortgages etc.
|
| 02:45 | | Year | Overnight Rate | 4.50% | 4.50% | 4.75% |
- Name:
-
Overnight Rate
- Essence:
The overnight rate is the interest rate at which major financial institutions borrow and lend one-day funds among themselves. The Bank of Canada sets a target level for that rate.
- Why imprtant:
Short term interest rates are the primary factor in currency valuation. Changes in the key interest rate influence other interest rates, and so affect people's spending decisions.
|
| 02:45 | | | BOC Monetary Policy Report | | | |
- Name:
-
BOC Monetary Policy Report
- Essence:
A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.
|
| 03:30 | | | BOC Press Conference | | | |
- Name:
-
BOC Press Conference
|
| July 25, 2024 |
| July 26, 2024 |
| July 27, 2024 |
| July 28, 2024 |