Bank of Canada makes oversized rate hike, says increases may be over

Bank of Canada makes oversized rate hike, says increases may be over

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OTTAWA, Dec 7 (Reuters) - The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to the highest level in almost 15 years and signaled its historic tightening campaign was near an end. The central bank has raised rates at a record pace of 400 basis points in…

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