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The Fonz · 12-07-2022, 08:09 AM

https://www.cbc.ca/news/business/ban...nada-1.6677004
Bank of Canada raises rate another half percentage point, to 4.25%

The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent. The move was widely expected by economists, who were anticipating a rate hike of either 25 or 50 points. Canada's central bank has raised its rate seven times this year in its fight to wrestle inflation into submission.

12-07-2022, 08:09 AM	#657
The Fonz Our Jessica Fletcher Join Date: Dec 2004 Exp:	https://www.cbc.ca/news/business/ban...nada-1.6677004 Bank of Canada raises rate another half percentage point, to 4.25% The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent. The move was widely expected by economists, who were anticipating a rate hike of either 25 or 50 points. Canada's central bank has raised its rate seven times this year in its fight to wrestle inflation into submission.