Forex Fundamentals
Bank of Canada Rate Decision

Bank of Canada Rate Decision 13 July 2022

Bank of Canada Rate Decision 13 July 2022: 2.5%, above the 2.25% forecast and up from 1.5% in June 2022. It is the highest of the last 12 releases. 1 of the last 12 releases came in above the forecast. It was released on Wed 13 Jul 2022 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
2.5%
Forecast
2.25%
The market consensus
Previous
1.5%
As the source gives it

What a print like this usually does

Above the forecast: A rate increase, or a less dovish decision than markets expect, would usually strengthen the Canadian dollar sharply as expected returns rise.

Bank of Canada Rate Decision 13 July 2022: 2.5% against a 2.25% 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 13 July 2022: 2.5% vs 2.25% forecast (Bank of Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boc/2022-07-13

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
13 Jul 2022—2.5%2.25%1.5%
1 Jun 2022—1.5%1.5%1%
13 Apr 2022—1%1%0.5%
2 Mar 2022—0.5%0.5%0.25%
26 Jan 2022—0.25%0.25%0.25%
8 Dec 2021—0.25%0.25%0.25%
27 Oct 2021—0.25%0.25%0.25%
8 Sep 2021—0.25%0.25%0.25%
14 Jul 2021—0.25%0.25%0.25%
9 Jun 2021—0.25%0.25%0.25%
21 Apr 2021—0.25%0.25%0.25%
10 Mar 2021—0.25%0.25%0.25%
The release before:Bank of Canada Rate Decision 1 June 2022The release after:Bank of Canada Rate Decision 7 September 2022Bank of Canada Rate Decision: every recent resultThis week’s economic calendar