Posthaste: Why the Bank of Canada is about to take more interest rate hikes off the table

Posthaste: Why the Bank of Canada is about to take more interest rate hikes off the table

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Policymakers at the Bank of Canada held the key policy rate at five per cent last week, but cautioned they may need to raise interest rates again thanks to an increase in inflationary risks. As a result, the central bank expects inflation to stay above its two per cent target until 2025. But…

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