January 20, 2021 Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
January 20, 2021 Release of the Monetary Policy Report — Press conference by Governor Tiff Macklem (11:00 (ET) approx.).
January 20, 2021
Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easingThe Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.