๐The Bank of Canada raised interest rates aggressively for a sixth straight time, while opening the door to pausing its hiking cycle. Policymakers led by Governor Tiff Macklem raised the benchmark overnight lending rate by 50 basis points to 4.25% on Wednesday, the highest since the beginning of 2008.โ . . #bankofcanada #canadabank #bankofcanadainterestrate #interesttrateofcanadabank #interestrate #livingexpensecanada #bankinterestincanada #mnm #malayalisnearmeapp #canadaupdate #canadanews
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