Bank of Canada maintains the policy rate at 2¼%
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
Publication record: PRIMARY source tier · published time verified for search eligibility. ME Standard preserves attribution and does not claim ownership of the underlying primary release.
OBSERVED RESPONSE
AWAITING OBSERVED RESPONSE
Expected sensitivities are available, but ME Standard has not recorded a qualifying post-event market reaction window yet.
- No qualifying post-event market reaction window is recorded yet.
EXPECTED SENSITIVITY
Relationships to monitor
Transparent relationship rules identify markets worth monitoring; they are not directional forecasts.
- USDrate-differential sensitive
Rate expectations can alter USD interest-rate differentials.
- US10Ypolicy sensitive
Treasury yields can reprice as the expected policy path changes.
- GOLDreal-yield sensitive
Gold is sensitive to real yields and the USD transmission channel.
- US100duration sensitive
Long-duration growth equities are sensitive to discount-rate repricing.
EXPECTED RELATIONSHIP ≠ OBSERVED RESPONSE ≠ PROVEN CAUSALITY.