Canada news brief
Bank of Canada raises key rate to 2.5% as energy prices push inflation higher
🇨🇦 CanadaNEWS DESKPublisher image not supplied
NEWS DESKCanada
PUBLISHEDOct 28, 2026, 11:07 AM
What the source reports
The Bank of Canada raised its target for the overnight rate by 25 basis points to 2.5% on Wednesday, citing higher and more persistent inflation driven by elevated energy prices. The Bank Rate now ...
Main source: Bing News – Canada
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