Bank of Canada Policy Decision

BOC Policy Decision

Forecast

2.25

Actual

2.25

Date:

2025 Oct 29 - 1:45pm

Description

The Bank of Canada (BoC) carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.

Preview Coverage

MNI BOC WATCH:2nd Cut As Auto Jobs Drop, Cool Enough Inflation

Governor Macklem seen as tilted towards addressing risks of damage from the U.S. trade war over strong core inflation.

Oct-23 13:10

MNI BoC Preview-Oct 2025: Mixed Data Unlikely To Derail Cut

The Bank of Canada is set to cut its policy rate by 25bp for a second consecutive meeting on October 29.

Oct-27 19:34

Review Coverage

MNI BoC Review-Oct 2025: Pause Seen With Rates “About Right”

A key phrase from the BOC’s October policy statement drove a mildly hawkish market reaction.

Oct-29 15:50

MNI BOC WATCH:Pause Signaled After 2nd Cut, CPI Seen On Target

Governor Tiff Macklem says signs of U.S. trade war damage and inflation slowdown are becoming clearer.

Oct-29 13:45

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