Bank of Canada 2025 Interest Rate Decision: Benchmark Rate Remains at 2.5%

On September 17, 2025, the Bank of Canada (BOC) announced its interest rate decision effective through October 29. The benchmark rate was set at 2.5%, with no forecast provided; the previous reference value was also 2.5%.Data Definition: The Bank of Canada communicates with investors by setting the benchmark interest rate and releasing updated commentary on economic conditions. The current benchmark rate in Canada is the overnight lending rate, which guides capital flows and influences overall economic activity.Market Impact: If the actual figure exceeds expectations, it typically has a positive effect on the Canadian dollar. Conversely, quantitative easing measures may exert downward pressure on the currency.This indicator is assigned an importance level of 3. The rate is determined by a vote among all members of the Bank of Canada. The release frequency is eight times per year, with the next announcement scheduled for December 10, 2025.

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