# Bank of Canada expected to raise interest rate by 25 basis points as inflation edges up

https://mins.news/en/item/119104

- CBC News, 2026-10-28 12:33 UTC
- Economy
- Original: https://www.cbc.ca/news/business/livestory/bank-of-canada-interest-rate-announcement-oct-28-9.7398140?cmp=rss

> The Bank of Canada is expected to raise its interest rate by 25 basis points as inflation ticks upward.

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