Why Did the Bank of Canada Hit Pause on Interest-Rate Hikes?

Why Did the Bank of Canada Hit Pause on Interest-Rate Hikes?

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Following a record series of interest rate hikes that lifted its key interest by 425 basis points within 10 months, the Bank of Canada became the first major central bank to announce a pause in anti-inflation efforts. How will the Bank’s decision impact the fiscal plans of other central banks?…

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