Central Bank RatesCanada policy rate in 2002 (4 changes)
Start of year2.25%
End of year2.75%Dec 31, 2002
Net change+50 bp3 hikes, 1 cuts
Average2.448%
Rank by level30 / 34
Changes in 2002
| Date | From | To | Change |
|---|---|---|---|
| Jan 15, 2002 | 2.25% | 2.00% | cut -25 bp |
| Apr 16, 2002 | 2.00% | 2.25% | hike +25 bp |
| Jun 4, 2002 | 2.25% | 2.50% | hike +25 bp |
| Jul 16, 2002 | 2.50% | 2.75% | hike +25 bp |
Compared with other areas at the end of 2002
44%
25%
21%
15.22%
13.5%
9.5%
8.9%
8.5%
8.25%
7.5%
7%
6.75%
6.5%
5.75%
5.63%
5.31%
5.25%
5%
4.75%
4.25%
4%
3.75%
3.25%
3.25%
3%
2.95%
2.75%
2.75%
2.75%
2.75%
2%
1.75%
1.25%
0.75%
Year-end rate over time
2.25%
2.25%
3.25%
5%
4.25%
0.25%
0.25%
1.75%
1.75%
1%
0.5%
0.5%
1%
1%
1%
1%
1%
0.25%
1.5%
4.25%
4.25%
3.25%
2.5%
2.75%
2.75%
2.25%
5.75%
2002: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.