Rising rates add to financial ‘burden’ but needed to fight inflation: Bank of Canada
![Rising rates add to financial ‘burden’ but needed to fight inflation: Bank of Canada](https://globalnews.ca/wp-content/uploads/2022/09/carolyn-rogers.jpeg?quality=85&strip=all&w=720&h=480&crop=1)
The Bank of Canada's senior deputy governor said in a speech Thursday that the pain of rising interest rates will be needed to tamp down inflation.
The Bank of Canada's senior deputy governor said in a speech Thursday that the pain of rising interest rates will be needed to tamp down inflation.