Bay St Loonie

Bank of Canada decision scorecard

What was priced, what the Bank did, how markets took it.

Policy rate
…
Target for the overnight rate
Next decision
…
09:45 ET, Bank of Canada
Countdown
…
days, hours, minutes
USD/CAD
…
Bank of Canada daily rate

Scorecard

Filled in after each decision. Market odds are taken from published pricing just before the announcement and the source is named. The loonie and 2 year yield moves are computed from Bank of Canada daily data: the last close before decision day against the close 1 and 5 business days later. A lower USD/CAD means a stronger loonie.

DecisionRate beforeMarket pricedDecisionUSD/CAD 1 dayUSD/CAD 5 days2y yield 1 day2y yield 5 days
Loading…

What the markets are pricing

Odds for the Bank of Canada decision on October 28, from two prediction markets and from overnight index swap pricing. These are prices, not forecasts. Mortgage rates and bank forecasts are on Canada in US Dollar.

Loading

    Policy rate since 2008

    Source: Bank of Canada, target for the overnight rate (Valet series V39079).

    USD/CAD, last 12 months

    Source: Bank of Canada daily exchange rate (Valet series FXUSDCAD). Canadian dollars per US dollar.

    Upcoming decisions

      Dates from the Bank of Canada schedule. All announcements at 09:45 ET. Data refreshes daily.

      Get the decision read by email