December 13, 2024 22:17 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess
Bank of Canada hikes key interest rate by 25 basis points to 5 percent, highest since 2021

Bank of Canada hikes key interest rate by 25 basis points to 5 percent, highest since 2021

Jul 18, 2023, at 02:57 am

Ottawa/IBNS: The Bank of Canada has made the cost of borrowing more expensive by reportedly raising its policy interest rate for the 10th consecutive time, by 25 basis points amounting to 5 percent, the highest it’s been since 2001.

Bank of Canada hikes policy interest rate to 1.5 pct, warns of more moves

Bank of Canada hikes policy interest rate to 1.5 pct, warns of more moves

Jun 02, 2022, at 05:54 am

The Bank of Canada took another step in its hiking cycle, raising its policy interest rate by 50 basis points for a second straight time.

Bank of Canada likely to raise interest rates to battle rising inflation

Bank of Canada likely to raise interest rates to battle rising inflation

Jun 01, 2022, at 06:28 pm

Ottawa: Experts believe that Bank of Canada might announce another interest rate hike as it is trying to rein in runaway inflation.