Central Bank RatesCanada policy rate in 2004 (5 changes)
Start of year2.75%
End of year2.50%Dec 31, 2004
Net change-25 bp2 hikes, 3 cuts
Average2.254%
Rank by level28 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Jan 20, 2004 | 2.75% | 2.50% | cut -25 bp |
| Mar 2, 2004 | 2.50% | 2.25% | cut -25 bp |
| Apr 13, 2004 | 2.25% | 2.00% | cut -25 bp |
| Sep 8, 2004 | 2.00% | 2.25% | hike +25 bp |
| Oct 19, 2004 | 2.25% | 2.50% | hike +25 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
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%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.