Senior Deputy Governor Wilkins discusses economic developments since the July Monetary Policy Report and Governing Council’s deliberations leading to yesterday’s policy rate decision.
The Bank of Canada today maintained its target for the overnight rate at 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent.
On Wednesday, September 5, 2018, 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.
On Saturday, August 25, 2018, Stephen S. Poloz, Governor of the Bank of Canada, will participate in a panel discussion at the 2018 Jackson Hole Symposium hosted by the Federal Reserve Bank of Kansas City.
Stephen S. Poloz, Governor of the Bank of Canada, will give an interview to CNBC’s Steve Liesman at approximately 16:15 (Eastern Time). Please check local listings for channel information or go to https://www.cnbc.com/closing-bell/.
A Summary of Comments received from the March 2018 Government of Canada Debt Distribution Framework Review Consultations is being published on the Bank of Canada’s website
On Monday, August 20, 2018, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins will participate in a panel discussion at the 2018 Annual Meeting of the Central Bank Research Association, hosted by the International Monetary Fund and the Research Center SAFE (Sustainable Architecture for Finance in Europe) at Goethe University Frankfurt.
The Bank of Canada congratulates the Integrated Counterfeit Enforcement Team from British Columbia’s Federal Serious and Organized Crime branch, E Division—Financial Integrity. They are the winners of the 2018 Law Enforcement Award of Excellence for Counterfeit Deterrence.
The Bank of Canada today published its 2019 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report, and reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
