---
title: "Bank of Canada raises key interest rate to 2.5% — DecisionGateway"
description: "The Bank of Canada raised its key interest rate to 2.5%, a monetary policy tightening that affects borrowing costs across the economy."
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**Decision**/Unclassified

**Adopted**

# **Bank of Canada raises key interest rate to 2.5%**

The Bank of Canada raised its key interest rate to 2.5%, a monetary policy tightening that affects borrowing costs across the economy.

## **Actors and targets**

Targets key interest ratepolicy

## **Source**

> The Bank of Canada just hiked the key interest rate to 2.5%

*ukrainiancanada · Telegram [ Open post](https://t.me/ukrainiancanada/4240)*

## **Extracted detail**

<dl>

<dt>Action</dt>
<dd>increase</dd>

<dt>Topic</dt>
<dd>interest rate hike</dd>

<dt>Country</dt>
<dd>Canada</dd>

</dl>

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