Challenges
BoC Interest Rate Decision
Most recent - Wednesday 12 April 2023 14:00
Next event - Wednesday 7 June 2023 14:00
The typical/expected impact on CAD pairs is high.
The consensus forecast for BoC Interest Rate Decision is 4.5%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Trading range
Forecast history
The most recent announced value for BoC Interest Rate Decision was 4.5% against a forecast of 4.5%.
Past events
Economic context
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next BoC Interest Rate Decision result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
| Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
| Current Account | Bullish change | -8.05B | -6.17B |
About BoC Interest Rate Decision
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Bank of Canada |
| Category: | Interest Rates |
| Frequency: | Weekly/week-based |
Related events
| Australia | RBA Interest Rate Decision | ||
| Switzerland | SNB Interest Rate Decision | ||
| China | PBoC Interest Rate Decision | ||
| Eurozone | ECB Rate On Main Refinancing Operations | ||
| Japan | BoJ Interest Rate Decision | ||
| New Zealand | RBNZ Interest Rate Decision | ||
| United Kingdom | BoE Interest Rate Decision | ||
| United States | Fed Interest Rate Decision | ||
| Russian Federation | Interest rate decision |