BoC rate hike…an experiment?

The Bank of Canada (BoC) has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent, its first increase in nearly seven years (Sept 2010), with expectations for stronger economic growth this year.  This is somewhat of an experiment, heavily influenced by the U.S.’s rate hikes recently.  If anything, the BoC wants […]

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