Bank of Canada expected to hike rates again. Here’s a timeline of how we got here

The Bank of Canada is expected to hike its key interest rate by another quarter-percentage

January 25, 2023

The Bank of Canada is expected to hike its key interest rate by another quarter-percentage point on Wednesday, bringing it to 4.5 per cent and continuing one of the fastest monetary policy tightening cycles in its history amid warning signs of a potential recession.