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Monetary Policy Report – January 2019

Available as: PDF

The Bank projects that Canadian economic growth will slow to 1.7 per cent this year before rebounding to 2.1 per cent in 2020.

Erratum: The data for Chart 1-A on page 9 were plotted incorrectly. See revised chart.

What you need to know about the Bank of Canada’s latest forecast in 60 seconds.

Bank of Canada maintains overnight rate target at 1 ¾ per cent

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.

Monetary Policy Report - Press Conference (Webcasts) - January 2019

Release of the Monetary Policy Report - Press conference by Governor Stephen S. Poloz. (11:15 (ET) approx.).

Monetary Policy Report Press Conference Opening Statement

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.