This chart tracks the Bank of Canada's overnight rate through each fixed announcement date, showing five straight holds at 2.25% since late October 2025. That stability is now facing pressure from outside Canada's borders: hawkish Federal Reserve minutes and an oil-driven bond selloff tied to Middle East tensions have pushed market odds of a Bank of Canada hike sharply higher within a single trading day. The shift is notable because it arrived while the central bank sits in its pre-decision blackout period, unable to respond publicly before the next scheduled announcement.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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