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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 | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal
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.