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Bank of Canada to make interest rate announcement and update economic forecasts

  • On Jan. 28, 2026, the Bank of Canada will announce its interest rate decision and publish the Monetary Policy Report, with Governor Tiff Macklem holding a news conference afterward.
  • Having cut interest rates nine times since the summer of 2024, the Bank of Canada hit cruise control last month as business sentiment remained subdued and unemployment stayed elevated.
  • Policy interest rate is set at 2.25 per cent, and economists widely expect the Bank of Canada to leave the benchmark unchanged.
  • Economic growth remains muted and unemployment elevated, limiting clear rationale for aggressive tightening now by the Bank of Canada.
  • Governor Tiff Macklem said in December that the Bank expects inflation near its two per cent target this year and is prepared to respond if the outlook changes.
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Lean Right

The Committee for Monetary Policy (COPOM) decided on this Thursday to maintain the basic interest rate of the economy by 15% per year. In the text, the BC explicitly opens the door for the start of the cut-off cycle at the next meeting in March. Unique material for signatories. To have complete access, access the link of the material and make its daughter.

·Brazil
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windsornewstoday.cawindsornewstoday.ca
+3 Reposted by 3 other sources
Lean Left

No change in the Bank of Canada rate

The Bank of Canada has decided to hold it's target for the overnight rate at 2.25 per cent.

·Kemptville, Canada
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  • 76% of the sources lean Left
76% Left

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St Catharines Standard broke the news in Welland, Canada on Wednesday, January 28, 2026.
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