The Bank of Canada raised its overnight lending rate by 25 basis points but said the hike was probably the last one for the year, a move that would make it the first major central bank to pause in raising rates.
Canada’s Central Bank Raises Rates but Says It May Pause Future Hikes
Bank of Canada Becomes First Major Central Bank to Signal Rates Will Hold Steady
By Garry Marr
CoStar News
January 25, 2023 | 9:41 P.M.
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