By the first half of 2017,the Governing Council increased the key interest rate by 25 basis points on July 12,2017 (the first increase by the BOC to this key rate in 7 years).

Question

Quizplus · Accepted Answer

This statement is true as the Governing Council of the Bank of Canada did increase the key interest rate by 25 basis points on July 12, 2017, which was the first increase in this rate in 7 years.

By the First Half of 2017,the Governing Council Increased the Key