Bank of Canada Interest Rate Announcement January 2023
January 2023 Interest Rate Hike by Bank of Canada The Bank of Canada raised its benchmark interest rate by a quarter of a percentage point, but it said it doesn’t plan to raise rates any further. It was the first major central bank to say it would stop tightening monetary policy. This is the eighth […]
January 25, 2023 interest rate hike Canada
Bank of Canada Interest Rate Next Date It is suspected that the Bank of Canada will raise interest rates by a final quarter point on Wednesday January 25, 2023, before stopping its long-running cycle of tightening monetary policy. Officials from the central bank made it clear in December that they were getting close to the […]