Bank of Canada expected to announce oversized rate hike this week - The Globe and Mail

Bay Street economists believe the central bank will raise its policy interest rate by half a percentage point at its Wednesday rate announcement, instead of the usual quarter percentage point

Officials at the Bank of Canada appear ready to push Canadian interest rates up aggressively as inflationary pressures broaden and Russias invasion of Ukraine sends energy and food prices soaring.Spe… [+6522 chars]

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