Bank of Canada to announce key interest rate decision | LIVE
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Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers are set to hold a news conference at 10:30 a.m. ET today following the central bank’s latest interest rate decision.
The Bank of Canada has held its key interest rate steady for about a year, but some economists expect an increase — which would mark the first hike in more than three years.
The decision comes after a recent warning from the central bank that inflation is expected to continue rising due to the ripple effects of the Iran war and other factors.
For more info, please go to https://globalnews.ca/news/12110926/bank-of-canada-rate-hikes/
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The Bank of Canada has held its key interest rate steady for about a year, but some economists expect an increase — which would mark the first hike in more than three years.
The decision comes after a recent warning from the central bank that inflation is expected to continue rising due to the ripple effects of the Iran war and other factors.
For more info, please go to https://globalnews.ca/news/12110926/bank-of-canada-rate-hikes/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en
#GlobalNews
