Bank of Canada hikes interest rate in attempt to curb inflation

The Bank of Canada is raising interest rates for the first time since 2018 to try to curb inflation, but the rate hike could add to the financial strain of people already struggling.

#Canada #InterestRates #Inflation

Watch The National live on YouTube Sunday-Friday at 9 p.m. ET

Subscribe to The National:
https://www.youtube.com/user/CBCTheNational?sub_confirmation=1

Connect with The National online:
Facebook | https://www.facebook.com/thenational
Twitter | https://twitter.com/CBCTheNational
Instagram | https://www.instagram.com/cbcthenational

More from CBC News | https://www.cbc.ca/news

The National is CBC's flagship nightly news program, featuring the day's top stories with in-depth and original journalism, with hosts Adrienne Arsenault and Andrew Chang in Toronto, Ian Hanomansing in Vancouver and the CBC's chief political correspondent, Rosemary Barton in Ottawa.

Видео Bank of Canada hikes interest rate in attempt to curb inflation канала CBC News: The National