- CAD NEWS 7:00 PM
BOC Monetary Policy Report
The BOC Governor usually holds a press conference to discuss the contents of this report about 75 minutes after release;
Why Traders Care
It provides valuable insight into the bank’s view of economic conditions and inflation – the key factors that will shape the future of monetary policy and influence their interest rate decisions;
2 . BOC Rate Statement (CAD)
Why Traders Care
It’s the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions;