Forex Fundamentals
Bank of Canada Rate Decision

Bank of Canada Rate Decision 24 October 2018

Bank of Canada Rate Decision 24 October 2018: 1.75%, in line with the forecast and up from 1.5% in September 2018. It is the highest of the last 12 releases. It was released on Wed 24 Oct 2018 at 14:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Bank of Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.75%
Forecast
1.75%
The market consensus
Previous
1.5%
As the source gives it

What a print like this usually does

In line with the forecast: The Canadian dollar may move little if the rate decision is fully priced in, though the statement's guidance can still trigger a substantial move.

Bank of Canada Rate Decision 24 October 2018: 1.75% against a 1.75% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Bank of Canada Rate Decision 24 October 2018: 1.75% vs 1.75% forecast (Bank of Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boc/2018-10-24

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
24 Oct 2018—1.75%1.75%1.5%
5 Sep 2018—1.5%1.5%1.5%
11 Jul 2018—1.5%1.5%1.25%
30 May 2018—1.25%1.25%1.25%
18 Apr 2018—1.25%1.25%1.25%
7 Mar 2018—1.25%1.25%1.25%
17 Jan 2018—1.25%1.25%1%
6 Dec 2017—1.00%1%1%
25 Oct 2017—1.00%1%1%
6 Sep 2017—1.00%0.75%0.75%
12 Jul 2017—0.75%0.75%0.5%
24 May 2017—0.5%0.5%0.5%
The release before:Bank of Canada Rate Decision 5 September 2018The release after:Bank of Canada Rate Decision 5 December 2018Bank of Canada Rate Decision: every recent resultThis week’s economic calendar