Monitor CA Gov Council Member Lane's speech for insights on future interest rate trends and monetary policy shifts.
Members of the BOC Governing Council are tasked with determining the country's key interest rates, and their public statements often provide hints about upcoming monetary policy changes. This role has been held from February 2009 to September 2022.
What it Measures
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Usual Effect
A more hawkish stance than anticipated is favorable for the currency.
Source & Frequency
Bank of Canada (latest release) - https://www.bankofcanada.ca/
How Data is Derived
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Also Known As
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Acronym
Bank of Canada (BOC)