The Bank of Canada has raised its key interest rate by three-quarters of a percentage point.
That pushes the rate from 2.5 to 3.25 percent, marking the fifth interest hike since January.
It comes as the B-O-C continues to grapple with stunted growth and boosted prices as a result of COVID-19 outbreaks, ongoing supply disruptions, and the war in Ukraine.
– with files from Vista Radio newswire
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