Complete guide: Will the Bank of Canada hold its policy rate at 2.25% in October?
Event Details
The Bank of Canada has held the overnight target at 2.25% for six consecutive decisions and announces again on October 28. Opening probability is 78%: six straight holds and a tightly clustered survey support no change, while energy and tariff inflation leave a meaningful hike tail. Use the Bank of Canada's first October 28 announcement: Yes only if the overnight target is exactly 2.25%; any other target is No. Ignore later revisions.
Information source
October 28 interest-rate announcement and September policy record
- Status: open
- Volume: 0
- Liquidity: 0
Outcomes
- Yes 78%
- No 22%
Resolution Rules
Use the Bank of Canada's first October 28 announcement: Yes only if the overnight target is exactly 2.25%; any other target is No. Ignore later revisions.