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Canada Central Bank Policy Rate

Canada Central Bank Policy Rate stands at 2.25% as of June 2026, down from 2.75% a year earlier. The reading sits in the 24th percentile of its history back to 1960.

21.55%10.39%-0.76% 1960 1993 2026
Canada Central Bank Policy Rate, 1960–2026. Updated 2026-07-16.
Latest (June 2026)2.25%
One year ago2.75%
10-year range0.25% – 5.00%
Percentile vs. full history24th
History1960–2026 (792 observations)

What it is & how to read it

Canada's key policy interest rate — the rate the central bank sets to steer the economy, which anchors borrowing costs across the financial system. Rate cuts ease financial conditions and have historically supported asset prices, especially when they come early in a cycle; sustained hiking campaigns do the reverse. The 12-month change in this rate is often a cleaner investment signal than its level, since what matters is whether policy is becoming easier or tighter relative to what markets have priced. Data: Bank for International Settlements policy-rate statistics.

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Data: download CSV (source: BIS central bank policy rates).

Source: BIS central bank policy rates. Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.