Bank of Canada interest rate announcement and release of the Monetary Policy Report

OTTAWA – On Wednesday, July 15, 2020, 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.

Time

10:00 (Eastern Time)

Lock-Up

There will be no lock-up for this event.

Media Briefing Session

There will be no briefing session for this event.

Distribution

The rate announcement press release and the Monetary Policy Report will be available at 10:00 (ET) on the Bank’s website.

Media Availability

At 11:00 (ET), Tiff Macklem, Governor of the Bank of Canada, and Carolyn A. Wilkins, Senior Deputy Governor, will hold a press conference via teleconference only. Reporters will not be able to attend in person. Accredited journalists who wish to ask questions by telephone must contact for dial-in information before noon (ET) on Tuesday, July 14. The opening statement will be available on the Bank’s website at 11:00 (ET).

Webcast

Audio and video webcasts of the press conference will be accessible from the Bank’s website.

Note

For more information, please contact .

Content Type(s): Press, Media advisories

Related information

July 15, 2020 Monetary Policy Report - Press Conference (Webcasts) - July 2020

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn A. Wilkins. (11:00 (ET) approx.).