Bank of Canada to raise rates 25 basis points on July 12, possibly the last: Reuters poll
www.reuters.com
The Bank of Canada will raise interest rates by a quarter-point for a second straight meeting to 5.00% on July 12 following a five-month pause earlier this year and then hold well into 2024, according to a majority of economists polled by Reuters.
  • Auli@lemmy.ca
    1·
    1 year ago

    Yes and that is part of the problem we are paying for now. We should have never had such low interest rates.