The Bank of Canada Hikes Rates Again By 50 bps - Dominion Lending Centres

The Bank of Canada Hikes Rates Again By 50 bps - Dominion Lending Centres: Another Jumbo Rate Hike, Signalling More To Come The Governing Council of the Bank of Canada raised the overnight policy rate by a full 50 basis points once again today, marking the third rate hike this year. The two back-to-back half-point increases are without precedent, but so were the dramatic pandemic rate cuts in the […]