OTTAWA  – The Bank of Canada on Wednesday hiked its overnight rate to a 22-year high of 4.75 percent, and markets and analysts immediately forecast yet another increase next month to ratchet down an overheating economy and stubbornly high inflation. The central bank had been on hold since January to assess the impact of previous hikes after raising borrowing costs eight … Continue reading Bank of Canada hikes rates to 22-year high, more increases expected