Interest Rates Still on the Rise [Global and CBC Coverage]
General Angela Calla 26 Oct
The Bank of Canada announced its 6th rate hike of the year this morning in an attempt to reach its target inflation rate of 2%. Prime rate now sits at 5.95% for most banks. In September, the inflation rate was recorded as 6.9%, causing prices of food and other necessary costs to increase. The Bank […]
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