Posts

• July 24, 2024

  Radio-Canada Midi info

  

  Nicolas Vincent, Deputy Governor of the Bank
  Interview with Midi info on Radio-Canada

  Content Type(s): Press, Media activities
• July 24, 2024

  Bank of Canada Media Interview – Radio-Canada

  Nicolas Vincent, Deputy Governor of the Bank of Canada, gave an interview to Radio-Canada première’s Midi info.

  Content Type(s): Press, Media advisories
• July 24, 2024

  Bank of Canada Media Interview – Financial Post

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Jordan Gowling of the Financial Post.

  Content Type(s): Press, Media advisories
• July 24, 2024

  Bank of Canada reduces policy rate by 25 basis points to 4½%

  Media Relations Ottawa, Ontario

  The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization.

  Content Type(s): Press, Press releases
• July 24, 2024

  Monetary Policy Report—July 2024

  

  Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflation will be bumpy. Inflation returns sustainably to the 2% target in the second half of 2025.

  Content Type(s): Publications, Monetary Policy Report
• July 24, 2024

  Monetary Policy Report—July 2024—Canadian economy—Current conditions

  Inflation in Canada has been below 3% since January and broad inflationary pressures are easing. Economic growth has picked up, led by population gains.
• July 24, 2024

  Monetary Policy Report—July 2024—Overview

  Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflation will be bumpy.
• July 24, 2024

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

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

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 24, 2024

  Monetary Policy Report—July 2024—In focus: How newcomers impact the Canadian economy

  A rise in newcomer arrivals has boosted Canada’s population growth in recent years, adding to both supply and demand. Assessing how this change impacts the economy can provide insight into inflationary pressures.
• July 24, 2024

  Monetary Policy Report—July 2024—In focus: Drivers of inflation in core goods and services

  Inflation in the prices of goods excluding energy has fallen sharply across many economies, while inflation in services excluding shelter remains elevated. Examining the factors behind recent shifts can provide insights into where inflation may be headed, at least over the near term.