Bank of Canada Hikes Rate to 4.25%, Signals Potential Pause

Bank of Canada Hikes Rate to 4.25%, Signals Potential Pause

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(Bloomberg) -- The Bank of Canada raised interest rates aggressively for a sixth straight time, while opening the door to pausing its hiking cycle. Most Read from Bloomberg Policymakers led by Governor Tiff Macklem raised the benchmark overnight lending rate by 50 basis points to 4.25% on…

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