BREAKING NEWS: Bank of Canada raises key interest rate

The Bank of Canada has raised its overnight rate by 25 basis points, moving its policy rate to 4.5 per cent from 4.25 per cent. If projections hold steady, the central bank has signaled a pause at its current rate, while it assesses the full impact of its hikes on the economy.
 
January 25, 2023
BREAKING NEWS

Bank of Canada raises key interest rate again, signals pause in rate hikes
The Bank of Canada has raised its overnight rate by 25 basis points, moving its policy rate to 4.5 per cent from 4.25 per cent. If projections hold steady, the central bank has signaled a pause at its current rate, while it assesses the full impact of its hikes on the economy.
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