Breaking: BOC hikes policy rate by 100 bps to 2.5%

The Bank of Canada hiked its policy rate by 100 basis points (bps) to 2.5% in June, compared to the market expectation for a rate increase of 75 bps.

Developing story...

Jul 13, 2022

Canada BoC Interest Rate Decision above expectations (2.25%): Actual (2.5%)

EUR/GBP should be able to gain in the coming quarters – Commerzbank

In view of high inflation, the Bank of England (BoE) remains too cautious. This should weigh on the pound. Economists at Commerzbank expect the GBP to