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| Name | Bank of Canada hikes interest rate to 22-year high |
| Video Uploader | Video From CBC News: The National |
| Upload Date | This Video Uploaded At 08-06-2023 01:56:48 |
| Video Discription | The Bank of Canada has raised its benchmark interest rate to 4.75 per cent, the highest it's been since May 2001, making everything from mortgages to credit lines more expensive. #inflation #mortgage #news 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 the flagship of CBC News, showcasing award-winning journalism from across Canada and around the world. Led by Chief Correspondent Adrienne Arsenault and Ian Hanomansing, our team of trusted reporters help you make sense of the world, wherever you are. The National was named Canada’s Best National Newscast by the Canadian Screen Awards and RTDNA Canada. [TthONHjyQP8] |
| Category | News & Politics |
| Tags | The National | interest rates | mortgage holders | borrowing costs | variable rate mortgages | Bank of Canada | inflation | financial cushion | economy | job market | home sales | home prices | household debt | consumer spending | monetary policy | impact on households | central bank | rate hike | financial impact | inflation target | Nisha Patel | CBC | CBC News | cost of living | canada mortgage rate | variable mortgage rate |
