Bank of Canada raises interest rate

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Jul 19, 2018 #Bank of Canada, #Bank of Canada governor Stephen Poloz, #Canada, #CBC, #CBC News, #economics, #Economy, #interest rates canada, #mortgage rates, #News, #overnight rate, #rising interest rates, #rising mortgage rates, #Stephen Poloz, #trade war

The Bank of Canada has decided to raise its benchmark interest rate to 1.5 per cent, up 25 basis points — 0.25 percentage points. It’s the fourth time the central …

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