RE:RE:RE:B of C rate up 25 pointsThe overnight rate is the only rate I pay attention to. This is the deciding factor on whether the economy is healthy or not. Something is up? If this rate keeps increasing at each rate hike?
Bottoms wrote: The Bank of Canada raised its overnight lending rate by 25 basis points to 0.50 per cent on Wednesday, marking the first time the central bank has tightened monetary policy since 2018, while highlighting how Russia's attack on Ukraine could weigh on global growth and lift commodity prices further.