Bank of Canada Hikes To 5%, No Longer Sees Inflation Dropping To Target Before Mid-2025

Bank of Canada Hikes To 5%, No Longer Sees Inflation Dropping To Target Before Mid-2025

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Bank of Canada Hikes To 5%, No Longer Sees Inflation Dropping To Target Before Mid-2025 Two weeks before the Fed hikes another 25bps despite today's softer than expected CPI print, moments ago the Bank of Canada did what virtually all expected, and hiked rates by 25bps to 5%, the 10th consecutive…

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