Bank of Canada raises key rate to five per cent, it's highest level since 2021

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BREAKING: Bank of Canada raises key rate to five per cent

The Bank of Canada is set to announce its interest rate decision this morning along with new economic projections. The Bank of Canada wording on a Canadian $50 bill is pictured in Ottawa on Wednesday, Jan.

11, 2023. THE CANADIAN PRESS/Sean Kilpatrick
 

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