The Bank of Canada Hikes Benchmark Interest Rate To 1%
2 years ago
2
Bank of Canada Hikes Benchmark Interest Rate To 1%
The Bank of Canada hiked its benchmark interest rate by half per cent to 1% on April 30th, 2022 in its latest move to rein in high inflation. The bank slashed its rate to barely above zero in March 2020 when the pandemic began. The move helped the economy to weather the unprecedented uncertainty of COVID-19.
But recently, inflation has come roaring back to its highest levels in decades, prompting the central bank to start unwinding all the cheap credit.
For all your questions regarding real estate please contact:
Ishtiaq Ahmed Broker
Century21 Innovative Realty Inc. Brokerage
Ph: 416-999-6975
http://ishtiak.com
#boc #benchmark interest rate #bankofcanada
Loading comments...
-
LIVE
Right Side Broadcasting Network
1 day agoLIVE REPLAY: President Trump Holds a Rally in Latrobe, PA - 10/19/24
11,627 watching -
29:59
MYLUNCHBREAK CHANNEL PAGE
12 hours agoThe Old World, Under Our Feet?
59K41 -
52:56
TheTapeLibrary
14 hours ago $20.45 earnedThe Most Haunted Object in the World | The Terrifying True Story of the Dybbuk Box
45.9K6 -
30:45
World Nomac
10 hours ago$500 First Class on Amtrak's 28 Hour Texas to Chicago Route 🇺🇸
30.6K11 -
1:59:33
Mally_Mouse
5 hours agoLet's Hang!!
40.2K2 -
4:36:34
GamerGril
5 hours agoLFD! LOOKING FOR AN ABSTRACT DADDY! 😉 | SILENT HILL 2
31.5K5 -
5:25
BuddyBrown
2 days agoThe "Disastrous" FOX NEWS Interview! | Buddy Brown
40.2K41 -
2:34:31
Jewels Jones Live ®
1 day agoTRUMP DERANGEMENT SYNDROME | A Political Rendezvous - Ep. 96
52.9K34 -
11:29
Space Ice
8 hours agoRings Of Power Season 2 Pt. 1 - You Owe Amazon An Apology - Best Movie Ever
47.1K24 -
LIVE
Tundra Gaming Live
6 hours ago $21.41 earnedThe $2500 Great Tundra Nation Get Together Giveaway Stream!!!
632 watching