Press Conference: Policy Rate Announcement – September 2024

Tiff Macklem, Carolyn Rogers
Ottawa, Ontario
September 4, 2024
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Available as: Audio , Audio (with interpretation)

Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).
Content Type(s): Press, Speeches and appearances, Webcasts

Bank of Canada reduces policy rate by 25 basis points to 4¼%

The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.

Monetary Policy Decision Press Conference Opening Statement

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.