Forex Fundamentals
Bank of Canada Rate Decision

Bank of Canada Rate Decision 23 October 2024

Bank of Canada Rate Decision 23 October 2024: 3.75%, in line with the forecast and down from 4.25% in September 2024. It is the lowest of the last 12 releases. It was released on Wed 23 Oct 2024 at 13:45 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
3.75%
Forecast
3.75%
The market consensus
Previous
4.25%
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 23 October 2024: 3.75% against a 3.75% 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 23 October 2024: 3.75% vs 3.75% forecast (Bank of Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boc/2024-10-23

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
23 Oct 2024—3.75%3.75%4.25%
4 Sep 2024—4.25%4.25%4.5%
24 Jul 2024—4.5%4.5%4.75%
5 Jun 2024—4.75%4.75%5%
10 Apr 2024—5%5%5%
6 Mar 2024—5%5%5%
24 Jan 2024—5%5%5%
6 Dec 2023—5%5%5%
25 Oct 2023—5%5%5%
6 Sep 2023—5%5%5%
12 Jul 2023—5%5%4.75%
7 Jun 2023—4.75%4.5%4.5%
The release before:Bank of Canada Rate Decision 4 September 2024The release after:Bank of Canada Rate Decision 11 December 2024Bank of Canada Rate Decision: every recent resultThis week’s economic calendar