Compare/πŸ‡¨πŸ‡¦ CAN vs πŸ‡ΊπŸ‡Έ USA/Central Bank Policy Rate
monetary

Central Bank Policy Rate

Bank of Canada overnight rate target / equivalent for other countries

πŸ‡¨πŸ‡¦ Canada
1.37%β–² 1.25
As of 2026-02-17
πŸ‡ΊπŸ‡Έ United States
2.22%β–² 3.53
As of 2026-01-01

Historical Comparison

Jul 13, 2015Jul 14, 2016Jul 17, 2017Jul 19, 2018Jul 23, 2019Jul 23, 2020Jul 28, 2021Aug 5, 2022Aug 9, 2023Aug 9, 2024Feb 17, 20260.0%2.0%4.0%6.0%8.0%
  • Canada
  • United States

Why it matters

The BoC's primary tool to control inflation and support employment.

Frequency: daily
Units: percent
Seasonal adj.: N/A
Importance: 10/10