Bank of Canada Raises Interest Rates to the Highest Level Since 2008. The Canadian Central Bank announced yesterday, Wednesday, its decision to raise the interest rate for the eighth time in a row by 25 basis points from 4.25% to 4.50%, the highest level since 2008. BoC has raised a total of 425 basis points … Continue reading Daily Brief, January 26,2023: USD Continues to Hover Near 8-Month Low →Read more