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    Bank of Canada raises key interest rate
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    Placeline/People
    City Vaughan
    Country Canada

    Newsroom Ready: Bank of Canada raises key interest rate

    The Bank of Canada raised its key interest rate by the highest amount in more than 20 years and warned more rate hikes are coming as it increased its outlook for inflation. The central bank hiked its policy interest rate by half a percentage point to one per cent on Wednesday. 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP154554072 
    Legacy Identifier: r_BoC-Interest-Rate20220413T1325 
    Type: Video 
    Duration: 2m17s 
    Dimensions: 1920px × 1080px     169.38 MB 
    Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
    Create Date: 4/13/2022 1:25:00 PM 
    Display aspect ratio: 16:9 
    Tags
    bank
    Bank of Canada
    central bank
    economy
    inflation
    interest rate
    policy interest rate
    Tiff Macklem