Sky News Australia

Bank of Canada’s shock rate hike hits 22-year high

Published: Jun 7, 2023 Crawled: Sep 11, 2023 at 5:05 PM Length: 73 words
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The Bank of Canada has unexpectedly hiked the interest rate to a 22-year high of 4.75 per cent, according to CommSecs Tom Piotrowski. This wasnt necessarily on the radar weve seen a couple of meetings where they have paused, Mr Piotrowski told Sky News Australia. But in their commentary, they recognised that theyve got more wood to chop in terms of getting inflation under control. Presented by CommSec. Read More Our Apps

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Article ID
6996
Article Name
dc2711a3e5d16606e63578659e8be84a
Date Published
Jun 7, 2023
Date Crawled
Sep 11, 2023 at 5:05 PM
Newspaper Website
skynews.com.au