Fadi Mamar - Realtor

The Bank of Canada raised their key interest rate to 4.5% on Jan 25th, marking the 8th consecutive hike in the past year, but says this could be the peak as they expect a significant decline in inflation in the coming months. Time to assess the impact of the hikes & hold the policy rate at its current level, but additional hikes may be in the cards if needed. Stay updated on inflation & interest rate trends for 2023 💰📈