Bank of Canada increases rates by 50 basis points, says hikes may be over cdnpoli
The central bank has raised rates at a record pace of 400 basis points in nine months to 4.25%, a level last seen in January 2008. The bank cited still-strong growth and tight labour markets as the reason for the latest increase.As the Canadian national soccer teams head to their respective FIFA World Cups, Derek Van Diest is on the scene to cover all the action.
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Bank of Canada hikes key overnight interest rate by 50 basis points to 4.25%It’s the seventh consecutive increase since the Bank began hiking rates in March in a bid to curb runaway inflation.
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Bank of Canada hikes benchmark rate by another 50 basis pointsCanada's central bank has sharply hiked borrowing costs this year in one of its most aggressive tightening cycles in its history From alicjawithaj
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Bank of Canada hikes interest rate by 50 basis points to 4.25%The Bank of Canada raised its key interest rate by 50 basis points to 4.25 per cent Wednesday. Read on
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Bank of Canada raises key rate by half percentage pointThe Bank of Canada is raising its key interest rate by half a percentage point, bringing it to 4.25 per cent and the highest it’s been since 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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