Close
The page header's logo
Help
Login
Staff Login
Register
FR
0
Selected 
Invert selection
Deselect all
Deselect all
 Add to Cart
 Click here to refresh results
 Click here to refresh results
Go to Login page
 Hide details
Video Player is loading.

1x

Current Time 0:00
/
Duration 0:00
00:00
00:00
/ 
01:26
Stream Type LIVE
 
1x
  • 2x
  • 1.5x
  • 1x, selected
  • 0.75x
  • 0.5x
  • Chapters
  • descriptions off, selected
  • captions and subtitles off, selected

    This is a modal window.

    Beginning of dialog window. Escape will cancel and close the window.

    Text
    Background
    Window
    Font Size
    Text Edge Style
    Font Family

    End of dialog window.

    00:00
  • Get link
    • doctype icon
    Conceptually similar
    Bank of Canada raises key interest rate
    play button
    CP154554071 | Bank of Canada raises key interest rate 
    Bank of Canada raises key interest rate
    play button
    CP154554871 | Bank of Canada raises key interest rate 
    Newsroom Ready: Bank of Canada raises key interest rate
    play button
    CP154554072 | Newsroom Ready: Bank of Canada raises key interest rate 
    Bank of Canada hikes key interest rate to 5%
    play button
    CP167640395 | Bank of Canada hikes key interest rate to 5% 
    What another Bank of Canada rate hike means for mortgages
    play button
    CP165740022 | What another Bank of Canada rate hike means for mortgages 
    Newsroom Ready: Bank of Canada hikes key interest rate to 5%
    play button
    CP167640402 | Newsroom Ready: Bank of Canada hikes key interest rate to 5% 
    Bank of Canada raises interest rates
    play button
    CP160517119 | Bank of Canada raises interest rates 
    Bank of Canada cuts key interest rate
    play button
    CP171953744 | Bank of Canada cuts key interest rate 
    The cost of food continues to climb despite overall inflation easing
    play button
    CP165929949 | The cost of food continues to climb despite overall inflation easing 
    Bank of Canada raises interest rates, says it will take a 'conditional' pause
    play button
    CP165740025 | Bank of Canada raises interest rates, says it will take a 'conditional' pause 
    Action button
    Placeline/People
    City Vaughan
    State Province Ontario
    Country Canada

    Why is the Bank of Canada using the interest rate to target inflation?

    Here is a look at why the Bank of Canada keeps raising the key interest rate in the hopes of reducing stubbornly high inflation. 
    Actions
     Add to collection
     Add to cart
    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP165740014 
    Legacy Identifier: b9f7438b6de6f4e17b6b15110539beb11 
    Type: Video 
    Duration: 1m26s 
    Dimensions: 1920px × 1080px     25.10 MB 
    Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
    Create Date: 1/25/2023 3:37:54 PM 
    Display aspect ratio: 16:9 
    Tags
    Bank of Canada
    BOC
    central bank
    consumer spending
    economy
    goods and services
    inflation
    interest rate
    money