The Bank of Canada hiked its key policy rate by half a percentage point to 4.25 per cent — the highest it’s been since January 2008 — on Wednesday in its final rate decision of a year that has been marked by stubbornly high inflation and rapidly increasing interest rates. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/what-the-latest-bank-of-canada-rate-hike-means-for-inflation-consumers-1.6184636
What the latest Bank of Canada rate hike means for inflation, consumers
