Bank of Canada hikes interest rate to 5%, warning inflation could linger

BREAKING Watch the Bank of Canada news conference after hiking interest rate to 5%

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Bank of Canada raises interest rates: Read the official statementThe Bank of Canada raised interest rates on July 12, bringing its key policy rate to 5%. Read the central bank\u0027s official statement here.
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Bank of Canada raises interest rates: Read the official statementThe Bank of Canada raised interest rates on July 12, bringing its key policy rate to 5%. Read the central bank\u0027s official statement here.
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Bank of Canada raises interest rates: Read the official statementThe Bank of Canada raised interest rates on July 12, bringing its key policy rate to 5%. Read the central bank\u0027s official statement here.
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Bank of Canada hikes interest rate to 5%The Bank of Canada raised its key interest rate by 25 basis points to 5 per cent, the highest in 22 years. Read more
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Bank of Canada hikes interest rate to 5%The Bank of Canada raised its key interest rate by 25 basis points to 5 per cent, the highest in 22 years. Read more
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