Bank of Canada Set to Announce Interest Rate Decision

Announcement Expected from Ottawa on Wednesday

Bank to Provide Explanation and Forecast

OTTAWA, Canada - On Wednesday, January 24, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will be issued simultaneously, providing a brief explanation of the decision.

The Bank of Canada has scheduled the following dates for interest rate announcements in 2024: Wednesday, January 24; Wednesday, March 6; Wednesday, April 10; and Wednesday, June 5.

The Bank of Canada's announcement is eagerly awaited by economists and financial market participants as it will provide insights into the central bank's assessment of the economy and its monetary policy stance.