Loonie falls to a 20-month low after supersized interest rate hike - BNN Bloomberg

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The loonie hit a 20-month low, one day after the Bank of Canada announced its largest interest rate hike since 1998.

More living alone, but roommates, multi-generational homes rising: CensusStart talking to your kids about money at an early age, experts saySaving for retirement is becoming out of reach for young CanadiansFour ways to store value as inflation erodes your cashThe 2022 wedding boom: Budget 30% more amid inflation, shortagesHome Economics:

Focusing on earnings during market turmoil; Pitfalls of usage-based auto insuranceExtending mortgage period could keep payments in check even as rates riseHousehold debt burden eases in Canada ahead of steep rate hikesHow younger Canadians can prepare themselves for a potential recessionSurvey shows 55% of homeowners strapped for extra costs

 

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Going way lower.

Imagine if they didn't hike? The USD steamroller over all other currencies continues. Who blinks first?

Asking on bwhalf of Canadians. Has anyone brought this to the attention of the PM or than the finance minister? PS - They are two peas in a pod.

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