Bank Of Canada Raises Key Interest Rate By Half Percentage Point To 3.75%

Oct. 26, 2022 11:35 PM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
TD Wealth
4.99K Followers

Summary

  • Is the end in sight for rates hikes in Canada?
  • The BOC says growth will slow, but will the economy slip into recession?
  • What higher rates may mean for Canadian household spending.

Canada flag. 3d illustration. with white background space for text. Close-up view.

GO Akara/iStock via Getty Images

Canada’s central bank hikes its key interest rate by 0.50%, the sixth this year in its fight against inflation. Greg Bonnell speaks with James Orlando, Senior Economist at TD Bank, about the BOC’s strategy and the outlook for

This article was written by

4.99K Followers
TD Wealth is an integral part of the TD Bank Group, which has approximately 24 million customers worldwide, 85,000 employees and CDN $1 trillion in assets on April 30, 2015. In Canada, TD Wealth services customers through: · TD Direct Investing which provides clients access to the information, tools and support that empower them to invest for themselves with confidence. · TD Wealth Private Client Group, which provides discretionary wealth management for high net worth clients and businesses. · TD Wealth Private Investment Advice provides full service brokerage for investors who want a high level of tailored advice and solutions. · TD Wealth Financial Planning develops and implements a financial plan for individual clients. At TD Wealth, whether you invest yourself or benefit from the knowledge provided by your advisor, you gain access to some of the industry's most highly regarded investment analysts, economists and market strategists.

Recommended For You

Related Stocks

SymbolLast Price% Chg
EWC--
iShares MSCI Canada ETF
HEWC--
iShares Currency Hedged MSCI Canada ETF
FLCA--
Franklin FTSE Canada ETF
BBCA--
JPMorgan BetaBuilders Canada ETF
TLT--
iShares 20+ Year Treasury Bond ETF

Related Analysis