OTTAWA — OTTAWA - The Bank of Canada raised its policy interest rate by 25 basis points to 2.5 per cent. It’s the first hike since July 2023. The central bank wants to control inflation by reducing the risk that high fuel prices could spill over and seep into the overall economy.
Better you than me. I’m busy trying to afford rent.
Higher rates make layoffs more likely which hits them, you and me. Assuming you both work for an employer. :D
Between interest rates, the US, and everyone in a panic about AI, I just assume my job’s a goner. And if it’s gonna be a goner anyway, crank 'em.
Removed by mod
Stop eating the green potatoes.
They don’t sell those in my country