HeadlineShine

Bank of Canada raises interest rates for the first time in three years

Al Jazeera ·First reported
Al JazeeraBank of Canada raises interest rates for the first time in three years
Image: Al Jazeera

The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.

Summary from Al Jazeera

Read the full story on Al Jazeera
React

Related stories

New York Times
BusinessNew York Times·

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.
The Guardian
The Guardian·

Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
New York Times
Business4 sources·

The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.
CNBC
BusinessCNBC·

Bank of Japan is expected to hold rates this week — but stay hawkish: CNBC survey

More top stories

See all →
Sky News
Business9 sources·

At least 64 dead in Spain’s high-speed train crash
New York Times
Business8 sources·

Israel election: There's no clear winner
BBC Sport
Sports2 sources·

Alessia Russo makes history with hat-trick as Arsenal cruise to Benfica win
BBC
Entertainment2 sources·

Hayden Panettiere’s Overdose Death Investigation Closed by Police
The Verge
Tech2 sources·

Microsoft recorded $10 billion in revenue from OpenAI
The Guardian
Entertainment3 sources·

'Si, se puede': US civil rights icon Dolores Huerta dies at 96

Top stories in the World

See all →
The Guardian
8 sources·

What’s next for Brazil’s Flavio Bolsonaro after election defeat?
The Verge
Tech2 sources·

Google expands AI Search ads globally as core ad growth slows
BBC
Business5 sources·

Luxury cruise passengers stranded in Cambodia due to soaring fuel costs
New York Times
Business2 sources·

Here are five key takeaways from the Fed rate decision and Warsh news conference
Ars Technica
Tech2 sources·

Google launches Gemini 4 Carbon with a ‘significant leap’ in cybersecurity
France 24
Business7 sources·

Real Madrid apologise to Chinese people for Mbappe’s Mao ‘dictator’ remark