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home / news releases / ZCAN - Bank Of Canada Raises Interest Rate To 1% Signals More Hikes To Fight Inflation

ZCAN - Bank Of Canada Raises Interest Rate To 1% Signals More Hikes To Fight Inflation

SPDR Solactive Canada ETF
  • Bank of Canada hikes interest rate by half a percentage point to 1%.
  • Gorewicz: It looks like the yield curve wants to flatten after the BoC rate hike.
  • Gorewicz: YTD, the Canadian dollar has been one of the best performing currencies against major market peers because commodity prices have risen.

For further details see:

Bank Of Canada Raises Interest Rate To 1%, Signals More Hikes To Fight Inflation
Stock Information
Company Name: SPDR Solactive Canada ETF
Stock Symbol: ZCAN
Market: NYSE
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