Interest & Exchange Rates
Monetary policy and open-economy indicators — the Bank of Canada policy rate alongside the U.S. Federal Reserve and ECB, the USD/CAD exchange rate, and headline inflation across Canada, the U.S., and the euro area. Built from central-bank and statistical-agency data (Bank of Canada, U.S. Federal Reserve, ECB, Statistics Canada) and refreshed daily.
Updated August 7, 20263 charts
Original analysis
Bank of Canada policy rate minus the U.S. federal funds rate — the gap that moves the exchange rateHow to read: Above zero the Bank of Canada is tighter than the Fed, below zero looser. The gap drives capital flows and the exchange rate more than either rate on its own.Data through Aug 2026
Rates
Original analysisUS cents per Canadian dollar, daily since 1971, against its own 25-year rangeHow to read: Shown as US cents per Canadian dollar so that up means a stronger loonie. The band is where the rate spent half of the last 25 years.Data through Aug 2026
RatesOriginal analysis
Canada's inflation against the range spanned by its six G7 peers each monthHow to read: The grey band is the spread between the highest and lowest inflation among Canada's six G7 peers each month; the dashed line is their median.Data through Jul 2026
Rates