Bank of Canada expected to make sharpest interest rate increase since 1998 - The Globe and Mail

Canada’s central bank is expected to raise its benchmark rate by three-quarters of a percentage point on Wednesday, three times the size of a typical interest rate hike

The Bank of Canada building on Wellington Street in Ottawa, on May 31.Justin Tang/The Canadian Press The Bank of Canada is widely expected to announce its biggest interest rate increase since 1998 t… [+5803 chars]

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