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31 Mar 2022

Brace yourself: Interest rates could be headed up even faster and higher than we thought

Author: admintech | Filed under: Finance/ Money
mortgage loan sign

When the Bank of Canada raised its benchmark interest rate for the first time in two years earlier this month, it sent an unmistakable message to borrowers that the era of cheap money was coming to an end. Now some economists and bank watchers are starting to think the pace and size of those rate hikes could be ratcheting higher, too.