to keep its key interest
rate at a record low of 0.25 per cent. It was widely expected that the bank would announce a rate hike in order to cool Canada’s soaring inflation. The Governor of the Bank of Canada, Tiff Macklem, did say interest rate hikes are coming in the near future – and that means borrowing costs are also going up.covers the Bank of Canada, finance and economics for The Globe. He explains what the Bank of Canada’s recent decision means. Plus, he’ll get into just how our central bank works and its role in making our economy run smoothly.
Bank of Canada has been giving fallacy inflation rate …actual one must be over 20% if you add things like Housing Crisis… Gas …inflation ….😕😡
The plan is No Plan 😂😂
BOC under the whim control of PM, just like every other institution in authoritarian Canada.
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