Forex Fundamentals
Bank of Canada Rate Decision

Bank of Canada Rate Decision 4 March 2020

Bank of Canada Rate Decision 4 March 2020: 1.25%, below the 1.75% forecast and down from 1.75% in January 2020. It is the lowest of the last 12 releases. 1 of the last 12 releases came in below the forecast. It was released on Wed 4 Mar 2020 at 15:00 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
1.25%
Forecast
1.75%
The market consensus
Previous
1.75%
As the source gives it

What a print like this usually does

Below the forecast: A rate cut or a more dovish-than-expected decision would usually weaken the Canadian dollar, often significantly, as markets price lower returns.

Bank of Canada Rate Decision 4 March 2020: 1.25% 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 4 March 2020: 1.25% vs 1.75% forecast (Bank of Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boc/2020-03-04

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
4 Mar 2020—1.25%1.75%1.75%
22 Jan 2020—1.75%1.75%1.75%
4 Dec 2019—1.75%1.75%1.75%
30 Oct 2019—1.75%1.75%1.75%
4 Sep 2019—1.75%1.75%1.75%
10 Jul 2019—1.75%1.75%1.75%
29 May 2019—1.75%1.75%1.75%
24 Apr 2019—1.75%1.75%1.75%
6 Mar 2019—1.75%1.75%1.75%
9 Jan 2019—1.75%1.75%1.75%
5 Dec 2018—1.75%1.75%1.75%
24 Oct 2018—1.75%1.75%1.5%
The release before:Bank of Canada Rate Decision 22 January 2020The release after:Bank of Canada Rate Decision 13 March 2020Bank of Canada Rate Decision: every recent resultThis week’s economic calendar