Bank of Canada expects key interest rate to rise 0.75% Wednesday Bank of Canada expects key interest rate to rise 0.75% Wednesday Bank of Canada key interest rate 0.75% on Wednesday
OTTAWA – The Bank of Canada will make the key interest rate announcement this morning as inflation remains well above its target. Many economists predict that the central bank will raise interest rates three-quarters of a percentage point, raising its key rate to 2.25 percent. A rate hike of this size would be the largest …