Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Canadian housing market 'on its knees' as odds of Bank of Canada rate hike rise

The Bank of Canada has not raised interest rates since July 2023. And while an eighth-consecutive hold is widely-predicted next week, a growing number of economists and traders are now expecting the central bank to hike its trend-setting rate to tamp down stubborn inflation.

Canadian housing market 'on its knees' as odds of Bank of Canada rate hike rise

We haven't written up this one. CBC Canada has the full story — the link below goes straight to it.

Read the original at cbc.ca →

More in Finance & Markets

More from Wednesday 21 October →