Central Bank RatesCanada policy rate in 2003 (4 changes)
Start of year2.75%
End of year2.75%Dec 31, 2003
Net change+0 bp2 hikes, 2 cuts
Average2.938%
Rank by level25 / 36
Changes in 2003
| Date | From | To | Change |
|---|---|---|---|
| Mar 4, 2003 | 2.75% | 3.00% | hike +25 bp |
| Apr 15, 2003 | 3.00% | 3.25% | hike +25 bp |
| Jul 15, 2003 | 3.25% | 3.00% | cut -25 bp |
| Sep 3, 2003 | 3.00% | 2.75% | cut -25 bp |
Compared with other areas at the end of 2003
26%
21.25%
16.5%
16%
12.5%
9%
8%
7.25%
7%
6.75%
6.65%
6.12%
5.31%
5.25%
5.25%
5.2%
5.16%
5%
4.5%
3.75%
3.75%
3.25%
3.25%
2.75%
2.75%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
1.75%
1.25%
1%
0.375%
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%
2003: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.