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View Full Version : Bank of Canada likely to raise rates again Wednesday — but should it?


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01-24-2023, 08:14 AM
https://i.cbc.ca/1.6721381.1674249893!/fileImage/httpImage/image.JPG_gen/derivatives/16x9_460/tiff-macklem.JPG Canada's central bank is widely expected to raise its benchmark interest rate for the 8th time in a year this week, a move that will make it even more expensive to borrow money. But for the first time in almost a year, there isn't unanimous consensus*among those who watch the central bank that another hike is in the cards — or even that one should be.


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