August 14, 2026
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Deputy Bank of Canada governor warns key interest rate could rise above previous target of 3 per cent

One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels in order to deal with what the bank calls ‘entrenched inflation.’ Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/deputy-bank-of-canada-governor-warns-key-interest-rate-could-rise-above-previous-target-of-3-per-cent-1.5929554

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