The Bank of Canada hikes rates

The Bank of Canada raised borrowing costs Wednesday.The hike of 25 basis points to 1.75% was in line with expectations.
Watch the Canadian dollar trade in real time here.The Bank of Canada raised short-term borrowing costs Wednesday and left the door open to further tightening as economic growth remains relatively strong and as uncertainty around US trade policy eases.
The central bank increased its benchmark interest rate by 25 basis points to 1.75% and signaled a neutral stance was necessary t