The central bank raised its key lending rate to 5% on Wednesday
Bank says rate hike to 5% was prompted by elevated demand, driven by strong consumer spending
Expectations of higher borrowing rates are having a knock-on effect across lending markets
Many economists described the message from the June meeting as a blurry one
Prices rise in Germany and fall in Spain
Consumers continue to spend despite rising borrowing costs
Waning globalization complicates BoC's inflation challenge, TD report says
Despite rate increases, Fed chairman says rates "haven't been restrictive very long"
With factors that drove growth now in reverse, sector confronts array of headwinds
The long-awaited decline in food inflation has yet to come