Bank of Canada 50-basis-point June 1 hike a done deal, economists say - The Globe and Mail
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5/26/2022 12:00:00 AM2 years 11 months ago
by Shrutee Sarkar
by Shrutee Sarkar
The BoC seems set to follow an aggressive path similar to that taken by the Federal Reserve to tame soaring inflation
The Bank of Canada will hike its overnight rate by 50 basis points on June 1, according to all 30 economists polled by Reuters, who see interest rates at least a half-point higher by year-end than pr… [+3267 chars]
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