Bank Of Canada Rate Hike

• Bank of Canada prepared to raise rates further if inflation progress stalls

  Inflation could rise again if the Bank of Canada did not continue to put pressure on the economy through higher rates, the governing council decided earlier this month.

  Money

  Jul 26
  
• Bank of Canada’s latest rate hikes are signs it made a ‘mistake’: analysts

  The fact that the BoC hiked not once, but twice after announcing the pause is evidence that it knew there was ground to be made up, one analyst said.

  Economy

  Jul 17
  
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• Bank of Canada hikes rates again. Is this the peak?

  The Bank of Canada has increased its policy rate by another 25 basis points, raising the cost of borrowing for Canadians again as it seeks to tamp down inflation.

  Economy

  Jul 12
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• The Bank of Canada’s key rate rose again. Why another hike in July ‘looks likely’

  The Bank of Canada raised its benchmark interest rate on Wednesday amid concerns about a hot economy keeping the inflation higher.

  Economy

  Jun 7
• Bank of Canada’s rate decision looms. Will the hot economy push it to hike?

  The Bank of Canada's next interest rate decision on Wednesday is being hotly debated. Will it hike again, or remain on hold? Here's what economists say.

  Economy

  Jun 6
• Bank of Canada ‘still prepared to be forceful’ on interest rates if needed: official

  The Bank of Canada is open to pausing its interest rate hikes but is 'still prepared to be forceful' to take down inflation, according to Deputy Governor Sharon Kozicki.

  Economy

  Dec 8, 2022
• Central banks must continue raising interest rates to hit ‘neutral’ level: IMF chief

  Central banks have to bring rates up because "when inflation runs high, that undermines growth, it hits the poorest parts of the population the hardest," says Kristalina Georgieva.

  World

  Oct 26, 2022
• How high will Bank of Canada raise rates? Economists are watching this metric to see

  Economists say the level of underlying or core inflation will be a key factor in determining how high the Bank of Canada takes interest rates in the months to come.

  Money

  Sep 14, 2022
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• ‘A big shock’: Canadians feeling squeezed by Bank of Canada’s interest rate hikes

  Wednesday's surprise Bank of Canada one per cent interest rate hike is putting continued pressure on homeowners who are seeing increases to their mortgage payments.

  Money

  Jul 13, 2022
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• Bank of Canada hikes key interest rate by full percentage point in surprise move

  The Bank of Canada raised its key interest rate to 2.5 per cent on Wednesday with a hike of 100 basis points in an effort to rein in rampant inflation.

  Economy

  Jul 13, 2022