Bank of Canada announces another rate hike - by 50 basis points, to 3.75%

Nov 6, 2022
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Bank of Canada governor Tiff Macklem discusses the central bank's latest interest rate decision and monetary policy report. #BoC raised its policy interest rate from 3.25 to 3.75 per cent, marking the sixth consecutive rate hike this year in its efforts to rein in high inflation. #cdnpoli

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