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Canada at risk of a deeper recession after the central bank lifts interest rates again.

The Bank of Canada lifted interest rates by half a percentage point to their highest level in 15 years, and has opened the door to a pause in its tightening campaign.

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Skittish markets slash Aussie interest rate forecasts

Skittish markets slash Aussie interest rate forecasts
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Reserve Bank interest rates: markets lower the peak to 3 per cent down from 4.5 per cent

They have significantly wound back pricing on the expected peak Reserve Bank of Australia cash rate, down from as much as 4.5 per cent tipped less than two months ago.

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