Pinterest
Bank of Canada Enacts 50 Basis Point Interest Rate Hike, Continues Quantitative Tightening
Key Highlights
- Bank of Canada raises policy interest rate by 50 basis points, continuing quantitative tightening.
- Provides an online tool for side-by-side comparisons of Bank Rate and overnight rate target changes.
- Interest rate changes take effect the day after their announcement.
Series Data Lookup
The provided page allows users to access series data on Canadian interest rates and monetary policy variables. Daily-frequency data series are typically updated each weekday (Monday through Friday) at specific times.
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