Will the latest Bank of Canada interest rate hike level out Canada’s battle with inflation in 2023?

Will the Bank of Canada's interest rate hike of 50 basis points help level out inflation? BNN Bloomberg's Kumutha Ramanathan explains.

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15 comments

  1. Still unemployment is very low and is a great sign the rate has to go higher, similarly the inflation and buyers spending

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    1. If that happens, hopefully they will have the sense to blame the ones responsible: all the members of the Liberal-NDP federal government.

  3. Nope…… The bank wants all your money. That is the take away for the rate increase. Hope? The road forward is another 3 more percent increase next year ……

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