Bank of Canada to gauge need for further rate hikes based on new economic data, minutes show

Bank of Canada to gauge need for further rate hikes based on new economic data, minutes show

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The Bank of Canada agreed that the need for further rate hikes would be determined by fresh economic data after it lifted rates to a 22-year high earlier this month, minutes from their policy meetings released on Wednesday showed. On June 7 the central bank, which had been on hold since January,…

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