Bank of Canada raises interest rate again — but hints that hikes may be done for now | CBC News

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The Bank of Canada has raised its benchmark interest rate again, to 4.5 per cent. It's the eighth time in less than a year that the bank has hiked its trend-setting rate.

 

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Business

Business justinflation is a real liberal made problem I know where we could save a billion plus dollars

Business We sure could use the money if we defund the CBC.

Business inflation

Boooooo 👎👎

No mention of US move which is also likely headed for 25 basis point hike in February:

Going to be rough ride in Canada.. The Liberal government has been a disaster.

This hurts who ? They are tackling inflation by making life unaffordable to the lowest income Canadians ..it’s bizarre really . Upper middle class might have a little less to invest but they don’t have maxed line of credits , CC debt .. or struggle with utility bills ..

Can we have a scaled to income interest rate? Millionaires have the ability to pay more while lower income folks don’t.

Thanks liberal/ndp

Thanks guys. Really love this exercise in how far we are able stretch a dollar…Middle class fancy, not so fancy anymore. 🙄…ps to all the trolls about to put down ppl who are genuinely struggling, try walking a day in their shoes OR great idea - be kind.

How about fucking off?

Why haven’t any journalist got an interview, in depth with this man, where he explains what he’s doing by raising interest rates and then allow economists Contra to his position to give a rebuttal? Are there any journalist and CBC?

This person must be fired . Mortgage increased by 1800$ per month. by going his words we are just messed up .Never trust this people.. wiped whole life earning in 1 year..

News not shown in Canada because it embarrasses the Liberals Ndp. Cbc CP24

A head of cauliflower was 8.99 at my supermarket last week. I guess it will increase to 10.99 soon enough.

All because the Westons made some more profit on the boneless/skinless chicken breasts?

about damn time. back to reality. average salaries and million dollar homes is disaster.

Great, now Trudeau will have to print and give away more money.

Fewer people able to afford homes because of higher interest and more layoffs coming because higher interest rates slow down consumer and business spending.

Just a slow burn manufactured recession to fleece the sheep. Don’t do it so quickly like the last one otherwise they get too alarmed. Nice and easy, slowly but surely.

Mortgage payment is going up $900 a month. Nothing left to cut.

That should help the housing market. Maybe they can start burning oil fields too. Utter 🇨🇦 self destruction at the hands of an unequivocal tyrant that belongs in a Nuremberg Trial

Liberal Crime syndicate and WEF Nazy Christia Freeland are to be blamed

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