Key interest rate could rise above 3 per cent: BoC - CTV News

One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels in order to deal with what the bank calls 'entrenched inflation.'

One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels in order to deal with wh… [+1899 chars]

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