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Home› Canada› Bank of Canada to raise rates to 2.50% on October 28 and once again by end-March

Bank of Canada to raise rates to 2.50% on October 28 and once again by end-March

CanadaOct 23, 2026, 10:00 AM
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PUBLISHEDOct 23, 2026, 10:00 AM
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What the source reports

By Nushaiba Iqbal Oct 23 (Reuters) - The Bank of Canada will raise its overnight rate by 25 basis points to 2.50% on October 28 and follow with one more hike by the end of March to pre-empt any ...

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Main source: Bing News – Canada

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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