Source: Pete Evans, CBC NEws, January 17, 2018
Experts predict benchmark interest rate will hit 1.25% Wednesday, a third hike since last year
The Bank of Canada is widely expected to hike its benchmark interest rate for the third time in a year this morning.
After staying on the sidelines for the better part of a decade following the financial crisis, Canada’s central bank raised its key interest rate twice last year, to one per cent.
Image Source: Chris Wattie/Reuters
