Bank of Canada hikes rate by biggest amount in 20 years in push to tame red hot inflation - CBC News
The Bank of Canada hiked its benchmark interest rate by half a percentage point to one per cent on Wednesday, a sign the bank is making good on its pledge to battle runaway inflation.
The Bank of Canada hiked its benchmark interest rate by half a percentage point to one per cent on Wednesday in its latest move to rein in high inflation.
The bank's rate impacts Canadian businesses… [+1049 chars]
Read More
Other Stories in General
- Gold Road Resources (ELKMF) Agrees to Acquisition by Gold Fields
- Faraday Future's FX Brand Announces an Additional Significant Pre-Order for its FX Super One MPV, Adding 300 Units in Another B2B Agreement
- 3 House Democrats withdraw their names from cosponsorship of new Trump articles of impeachment
- Jalen Brunson's late 3-pointer dooms Pistons, Knicks advance
- Haeran Ryu cards 63, leads LPGA Black Desert Championship
- Jalen Brunson's late 3-pointer dooms Pistons, Knicks advance
- Sprouts Farmers Market (SFM) Reports Strong Q1 2025 Growth and Announces New Initiatives
- Sprouts Farmers Market (SFM) Reports Strong Q1 2025 Growth and Announces New Initiatives
- LSB Industries (LXU) Projects Increased Ammonia Output Amid Strong Pricing