Core inflation is forecast to jump to a rate of 3.1 per cent in Canada in 2025, breaching the top end of the Bank of Canada’s target range. The OECD’s report also warns that one of the many ...

A hike would raise borrowing costs ... It also means if the prime rate increases — due to a Bank of Canada rate increase — the borrower will be charged more in interest payments.

rate hike this year to 60%. Deutsche Bank (DB) now predicts an RBA hike to 4.6% at its next meeting in August. Canada also reported an unexpected rise in consumer prices, stalling the disinflation ...

January’s inflation rate was 1.9 per cent. Core inflation is forecast to jump to a rate of 3.1 per cent in Canada in 2025, breaching the top end of the Bank of Canada’s target range. The OECD’s report ...