Economy · Impact 2 Notable
Bank of Canada raises interest rates for first time in three years
The central bank raised its key rate by a quarter point as soaring energy prices pushed up inflation.
- Location
- Ottawa, Canada · Canada live map
- Coordinates
- 45.42°N 75.70°W
- Reported
- 28 Oct 2026, 16:44 UTC
- Category
- Economy
- Impact
- 2 of 5 · Notable
- Situation
- Global markets