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%.
What happened
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%.
Why it matters
The development may change operating conditions or market expectations around Macro. Further confirmation and measurable outcomes matter.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- Bank of CanadaPrimary source · Supports · EN · 100%Bank of Canada maintains the policy rate at 2¼% ↗
Claims
- Bank of Canada maintains the policy rate at 2¼% Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
- Primary source · 56/83%
Market move following event
Market reaction is not yet available for this asset and time window.
Score explanation
Confidence · formula confidence-2.1.0
Source trust98
Independent corroboration51
Primary evidence100
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude45
Market relevance88
Entity significance42
Market breadth45
Novelty68
Urgency53
Ranking · formula rank-1.0.0
Confidence factor0.9235
Freshness factor0.9487
Breaking bonus0