What Bank of Canada's latest interest rate hike could mean

Wise

Electoral Member
Mar 3, 2019
231
15
18

Global News on Youtube shows that the Bank of Canada raised its key interest rate by 50 basis points to 3.75 per cent on Wednesday, as the inflation battle continues and Canadians continue to feel more strapped financially. Anne Gaviola reports on what the latest interest rate could mean for your wallet as the institution continues to try and cool the economy and bring inflation down.