BREAKING: Bank of Canada raises key rate by half percentage point
The Bank of Canada building is pictured in Ottawa on Tuesday, Dec. 6, 2022. The Bank of Canada is expected to raise its key interest rate today, making it the seventh consecutive time this year.THE CANADIAN PRESS/Sean Kilpatrick.
The Bank of Canada building is pictured in Ottawa on Tuesday, Dec. 6, 2022. The Bank of Canada is expected to raise its key interest rate today, making it the seventh consecutive time this year.THE CANADIAN PRESS/Sean KilpatrickSouth Africa Latest News, South Africa Headlines
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Bank of Canada raises key interest rate to 4.25 per cent, its highest since 2008The Bank of Canada has raised its overnight rate by 50 basis points to 4.25 per cent, marking its seventh rate hike in nine months. The last time the bank’s policy rate was this high was in January 2008.
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Bank of Canada hikes key interest rate half a percentage point to 4.25% - BNN BloombergBREAKING: The Bank of Canada raised its key policy rate half a point to 4.25 per cent on Wednesday, in line with most economist estimates.
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Bank of Canada raises interest rates: Read the official statementThe Bank of Canada raised its key interest rate by 50 basis points on Wednesday to 4.25%. Read the central bank\u0027s official statement here.
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Bank of Canada Dec. 7 interest rate decision: Live updatesGovernor Tiff Macklem is expected to deliver the central bank’s seventh consecutive interest rate hike today. But markets are divided on whether the benchmark rate will be raised by a quarter or half percentage point
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Bank of Canada to announce interest rate decision this morningThe Bank of Canada is expected to raise its key interest rate today, making it the seventh consecutive time it does so this year.
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Bank of Canada expected to announce 7th interest rate hike this year - National | Globalnews.caThe Bank of Canada began raising interest rates in March in response to rapidly rising inflation that peaked at 8.1 per cent in July.
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