EconomyBank of Canada raises rates for first time in more than three years
The Bank of Canada raised its key rate by a quarter point to 2.5%, its first increase in more than three years, warning that further hikes may be needed as soaring energy costs stoke inflation. It raised its 2027 inflation and growth forecasts.
AAl Jazeera★★★☆☆2026-10-28 16:44Original
Bank of Canada raises rates for first time in more than three years
Economy