Bank of Canada hikes rate to 2.5% — here's what it means for you | CBC News

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Bank of Canada hikes interest rate to 2.5% — biggest jump since 1998

 

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And he will not stop till the interest rate reaches 10%.Its crazy.

Rate hikes and major layoffs at Suncor. They’ve been laying off hundreds and hundreds of people. How do we live with no work and rising costs. GlobalCalgary CTVCalgary CBCCalgary

Business One again, federalreserve is way behind Canadian central bank. 🤔

Business His speech sounded like some Fed Liberal wrote it.

Business Maybe aggressively cut government spending instead? Meet half way?

Another so called inflation/recession fix that hurts the most vulnerable, but virtually no pain for people tgat are well off. Isn't there anyone at the bankofcanada that can find ways to fix problems without hurting the most at risk? Really, no ideas

CanadianPM gets his wish of raising the cost of everything. Doing it to the middle class.

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Bank of Canada hikes interest rate to 2.5% — biggest jump since 1998 | CBC NewsThe Bank of Canada raised its benchmark interest rate by the largest amount in more than 20 years on Wednesday, sharply increasing the cost of borrowing in an attempt to rein in runaway inflation. But journo_dale said raising rates would harm the economy.... it's transitory Poll: Should the bankofcanada be blamed for a recession? Pierre poilievre 👌
Source: CBCNews - 🏆 2. / 99 Read more »