{"id":7595,"date":"2023-07-13T17:28:28","date_gmt":"2023-07-13T17:28:28","guid":{"rendered":"https:\/\/edmontondailynews.com\/has-the-bank-of-canada-gone-too-far\/"},"modified":"2023-07-13T17:28:28","modified_gmt":"2023-07-13T17:28:28","slug":"has-the-bank-of-canada-gone-too-far","status":"publish","type":"post","link":"https:\/\/edmontondailynews.com\/has-the-bank-of-canada-gone-too-far\/","title":{"rendered":"Has the Bank of Canada gone too far?"},"content":{"rendered":"<div><iframe loading=\"lazy\" width=\"100%\" height=\"400\" src=\"https:\/\/www.youtube.com\/embed\/Rsp0Odw_Gn8\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<p>The Bank of Canada has increased its key interest rate for the 10th time since March 2022 in an effort to rein in inflation. But critics are worried high interest rates may be part of the problem, as certain things, like housing costs, drive up the inflation rate.<\/p>\n<p>\u00bb\u00bb\u00bb Subscribe to CBC News to watch more videos:<\/p>\n<p>Connect with CBC News Online:<\/p>\n<p>For breaking news, video, audio and in-depth coverage:<br \/>\nFind CBC News on Facebook:<br \/>\nFollow CBC News on Twitter:<br \/>\nFor breaking news on Twitter:<br \/>\nFollow CBC News on Instagram:<br \/>\nSubscribe to CBC News on Snapchat:<\/p>\n<p>Download the CBC News app for iOS:<br \/>\nDownload the CBC News app for Android:<\/p>\n<p>\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb<br \/>\nFor more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.<\/p>\n<hr>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Canada has increased its key interest rate for the 10th time since March 2022 in an effort to rein in inflation. But critics are worried high interest rates may be part of the problem, as certain things,&hellip;<\/p>\n","protected":false},"author":8,"featured_media":7596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[686,6677,1403,6673,1470,303,6676,6675,183,1753,2718,1469,6674],"_links":{"self":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/posts\/7595"}],"collection":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/comments?post=7595"}],"version-history":[{"count":0,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/posts\/7595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/media\/7596"}],"wp:attachment":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/media?parent=7595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/categories?post=7595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/tags?post=7595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}