The Bank of Canada raises to 1.75% on October 24, 2018. The 25-basis-point increase moves the announced target from 1.50%. Reduced North American trade uncertainty supports another increase.
The decision at a glance
| Policy measure | Announcement |
|---|---|
Share this with your friends
705-691-1805
Real Estate Company
Bank of Canada Decisions & Interest Rates
Oct. 24, 2018
Bank of Canada Raises to 1.75%: October 24, 2018
Posted in
Bank of Canada Decisions & Interest Rates,
Buying a Home in Greater Sudbury,
Home Pricing & Property Value,
Mortgages & Home Financing,
Selling a Home in Greater Sudbury
no comments yet
Sept. 5, 2018
Bank of Canada Holds at 1.50%: September 5, 2018
The Bank of Canada holds at 1.50% on September 5, 2018. A 3% inflation reading is not the whole decision.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | 1.50% |
| … |
July 11, 2018
Bank of Canada Raises to 1.50%: July 11, 2018
The Bank of Canada raises to 1.50% on July 11, 2018. The 25-basis-point increase moves the announced target from 1.25%. The Bank raises rates while accounting for new tariffs.
The decision at a glance
| Policy measure | Announcement |
|---|
May 30, 2018
Bank of Canada Holds at 1.25%: May 30, 2018
The Bank of Canada holds at 1.25% on May 30, 2018. The case for higher rates strengthens without a move today.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | 1.25% |
April 18, 2018
Bank of Canada Holds at 1.25%: April 18, 2018
The Bank of Canada holds at 1.25% on April 18, 2018. A weak opening quarter does not overturn the expansion.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | 1.25% |
| … |
March 7, 2018
Bank of Canada Holds at 1.25%: March 7, 2018
The Bank of Canada holds at 1.25% on March 7, 2018. Housing demand is adjusting to new mortgage rules.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | 1.25% |
| Change | …
Jan. 17, 2018
Bank of Canada Raises to 1.25%: January 17, 2018
The Bank of Canada raises to 1.25% on January 17, 2018. The 25-basis-point increase moves the announced target from 1.00%. Strong demand meets a more uncertain trade outlook.
The decision at a glance
| Policy measure | Announcement |
|---|---|
Dec. 6, 2017
Bank of Canada Holds at 1.00%: December 6, 2017
The Bank of Canada holds at 1.00% on December 6, 2017. Employment improves while the Bank watches the response to higher rates.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | 1.00% |
Oct. 25, 2017
Bank of Canada Holds at 1.00%: October 25, 2017
The Bank of Canada holds at 1.00% on October 25, 2017. After two increases, the Bank pauses to assess sensitivity.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | 1.00% |
| … |
Sept. 6, 2017
Bank of Canada Raises to 1.00%: September 6, 2017
The Bank of Canada raises to 1.00% on September 6, 2017. The 25-basis-point increase moves the announced target from 0.75%. Stronger-than-expected activity supports another increase.
The decision at a glance
| Policy measure | Announcement |
|---|---|
| Overnight target | …