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Bank of Canada Meeting

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Meeting Date:

2025 Jun 03 - 11:00pm

Rate Decision:

Jun 04, 2025 - 01:45 pm
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Description

The Bank of Canada 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

Trade war risks may lead to rate cuts, but later this year.

Jun-02 16:04

The Bank of Canada is likely to maintain the overnight rate target steady at 2.75% for a second consecutive meeting.

Jun-03 01:01

Review Coverage

Governor Macklem says officials on balance thought stimulus may be needed if growth drops and inflation is contained.

Jun-04 13:45

The communications leaned slightly hawkish, keeping the door open to a cut but not emphatically.

Jun-04 20:05

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