November 15, 2017
Bank of Canada and Bank of Korea sign currency swap agreement
The Bank of Canada and the Bank of Korea today announced a standing bilateral liquidity swap arrangement, effective immediately.
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November 7, 2017
Fundamental forces continue to drive inflation as economy evolves, Bank of Canada Governor Poloz says
MONTRÉAL, QUEBEC—The fundamental forces that have always driven inflation will continue to do so, even as the global economy evolves, Bank of Canada Governor Stephen S. Poloz said today. In a speech to CFA Montréal and the Montreal Council on Foreign Relations, Governor Poloz challenged the idea that recent softness in inflation in many advanced […]
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November 3, 2017
Statement on the Nomination of a New Federal Reserve Chair
The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System.
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October 25, 2017
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
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September 27, 2017
Monetary policy data dependent given unknowns in inflation outlook, Bank of Canada Governor Poloz says
The Bank of Canada’s approach to monetary policy has become particularly data dependent, because of significant unknowns around the inflation outlook as the Canadian economy nears its potential, Governor Stephen S. Poloz said today.
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