Canada’s central bank raised its key policy rate as it tries to tame rising inflation. The Bank of Canada (BoC) hiked its overnight rate 25 basis points to 2.5% this morning, its first hike in over 3 years. In the accompanying report, the BoC warns of elevated inflation into mid-2028. Higher input and financing costs […] The post Bank of Canada Sees Elevated Inflation Into 2028, Housing To Remain Weak appeared first on Better Dwelling.​Read More​