CityBiz: U.S. central bank hikes interest rate, update on gas price trends

CityBiz: U.S. central bank hikes interest rate, update on gas price trends

June 16, 2022 8:09 am EST.

The U.S. central bank raised it benchmark lending rate by 0.75 per cent -- the largest increase since 1994 -- and the Bank of Canada is expected to follow that lead, gas prices could fall further on Friday, and other business news with Mike Eppel.

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