Bank of Canada to increase interest rates December 7, 2022
November 30th, 2022
The next Bank of Canada meeting is December 7, 2022
Jerome Powell, BoC Govenor, is saying that we should expect an additional interest rate rise of 0.5% at the next meeting. He has said that they want to slow the increases as they near what they expect the target interest rate to be in order to slow inflation to the two percent range. The worry is that if they overshoot the target interes ...