PropMarketCapFRESHMacroeconomics and central banks
Bank of Canada raised its key rate to 2.5% and allowed for another hike
On October 28 at 16:45 MSK, the Bank of Canada raised its key rate from 2.25% to 2.5% - exactly what the market expected. The main surprise was not the move itself, but the signal: the regulator allowed that another hike may be needed.