The Bank of Canada surprised markets this week by hiking its key interest rate by 50 basis points rather than the 75 expected. FP Video breaks down the decision, talks to an expert about what it means and examines what comes next for the economy.

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Everything you need to know about the Bank of Canada rate hike Back to video

FP Explains: Inside the Bank of Canada’s October 50 bps hike

Stephanie Hughes, finance reporter for the Financial Post, walks us through the Bank of Canada’s decision.

Smaller hike shows Bank of Canada almost done

We talk to Jean-Francois Perrault, Scotiabank chief economist, about how the smaller hike suggests the Bank of Canada is nearing the end of its rate hiking cycle.

Bank of Canada crucial to what happens next in economy

Financial Post Editor-in-Chief Kevin Carmichael talks about the Bank of Canada’s fight against inflation and what it means for the economy.

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