​Brace yourself: Top Bay Streeter sees giant BoC rate hikes ahead - BNN


6/2/2022 12:00:00 AM2 years 11 months ago
by Noah Zivitz

The BOC went almost 20 years without hiking its benchmark interest rate by half a point. Now, in the span of less than two months, it's gone back-to-back with moves of that magnitude as it attempts to wrestle down inflation.

The Bank of Canada went almost 20 years without hiking its benchmark interest rate by half a point. Now, in the span of less than two months, it's gone back-to-back with moves of that magnitude as it… [+2992 chars]

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