BoC to raise rates by 25 bps to peak of 4.50% on Jan. 25
The Bank of Canada will hike its key interest rate by a modest quarter point to 4.50% on Jan. 25 and then hit pause on an aggressive tightening campaign, according to a Reuters poll of economists, with risks skewed toward a higher peak. Inflation, which clocked 6.3% in December, is still more than…
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