MINUTES
About Minutes
Back to latest

EconomyBank of Canada expected to raise key rate for first time in three years

The Bank of Canada is widely expected to lift its benchmark rate by 25 basis points to 2.5% on Wednesday. Most economists see the move as a safeguard against a possible wider spread of energy inflation.

Bank of Canadainterest ratesenergy inflation

RReuters★★★☆☆2026-10-28 10:40Original

Bank of Canada expected to raise key rate for first time in three years
Bank of Canada expected to raise key rate for first time in three yearsEconomy