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Bank of Canada hiked interest rates to ‘forcefully’ tame inflation. Will it work?
Bank of Canada hiked interest rates to ‘forcefully’ tame inflation. Will it work?
Economy
6 hours
The Bank of Canada took a big step in raising interest rates on Wednesday, but how long will it take before rampant inflation starts to cool off?
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Bank of Canada raises key interest rate by .5%
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Bank of Canada raises key interest rate by .5%
The Bank of Canada has raised its benchmark interest rate by .5% amid soaring inflation. Central 1 Credit Union Chief Economist Bryan Yu discusses how it could affect your mortgage payment.
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