Credit cards unlikely to feel impact of rate hike, expert says - CTV News

With Canada’s annual inflation reaching its highest point in more than 30 years, interest rates could rise faster and higher, making mortgages and bank loans more costly. Credit cards, however, are generally not expected to be impacted by rate hikes.

With Canadas annual inflation reaching its highest point in more than 30 years, interest rates could rise faster and higher, making mortgages and bank loans more costly. But consumers are unlikely t… [+2074 chars]

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