Bank of Canada hiked overnight rate by 75 bps to 3.25% with more to come
September 7, 2022The Bank of Canada Hiked Rates Again And Isn’t Finished Yet The Governing Council of the Bank of Canada raised its target for the overnight policy rate by 75 basis points today to 3.25% and signalled that the policy rate would rise further. The Bank is also continuing its policy of quantitative tightening (QT), reducing its holdings of Government of Canada […]