Interest Rate Hike

For the second time this year, the Bank of Canada has raised its benchmark interest rate.

The central bank is hiking its key interest rate by another quarter point, to 1.0 per cent.

The increase follows the release of economic data last week showing Canada’s second-quarter economic growth easily exceeded projections by markets and the central bank.

Photo source:bankofcanada.ca

Posted in Annoucer Blogs, Brian Sylvester, News & Sports, Whats Happening

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