As was widely expected, there was no change in interest rates on either side of the border. The Bank of Canada stood pat for a third month with a policy rate of 2.75% and the Federal Reserve bank stayed the course for the fifth straight month at a rate between 4.25% and 4.5%.

These rates underpin things like the HISA table I update monthly; as a result, I wouldn’t expect much in the way of change for my upcoming August update.

The next announcements from the two are scheduled for September 17.