Bank of Canada interest rate announcement and release of the Monetary Policy Report
OTTAWA – On Wednesday, October 25, 2017, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.
10:00 (Eastern Time)
At 07:00 (ET), journalists are invited to review the rate announcement press release and the MPR, under embargo, at the Bank’s head office in Ottawa. Please use the Bank of Canada Museum entrance, located at 30 Bank Street (corner of Bank and Wellington), and have your press card with you.
For security reasons, journalists wishing to attend must be accredited with the Canadian Parliamentary Press Gallery and must confirm their presence by calling Media Relations at 613-782-8782 before noon (ET) on Tuesday, October 24, 2017. Journalists who are not accredited and/or who do no register WILL NOT BE ADMITTED to the lock-up.
At 08:30 (ET), senior Bank officers will provide background information and respond to questions on the content of the MPR. Information gathered at the session may be used freely in news reports and commentaries, provided it is not attributed to the Bank or its officers. Electronic recording is not permitted.
At 10:00 (ET), the lock-up ends and the embargo is lifted.
The rate announcement press release and the Monetary Policy Report will be available:
- at 10:00 (ET) on the Bank’s website
- between 10:00 and 11:00 (ET) on CNW Group
- Press Conference
At 11:15 (ET), Stephen S. Poloz, Governor of the Bank of Canada, will hold a press conference at the National Press Theatre, 150 Wellington Street, Ottawa. He will be accompanied by Senior Deputy Governor Carolyn A. Wilkins. An opening statement will be available on the Bank’s website at 11:15 (ET).
Audio and video webcasts of the press conference will be accessible from the Bank’s website.
For more information, please contact Media Relations at 613-782-8782.