Bank of Canada unsure of rate cut timing amid ongoing inflationary pressures, meeting minutes show

Bank of Canada unsure of rate cut timing amid ongoing inflationary pressures, meeting minutes show

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The Bank of Canada isn’t sure when it will be able to start cutting interest rates as it continues to contend with inflation that’s still too high and broad-based, its summary of deliberations of its Jan. 24 rate decision reveals. Although the central bank is shifting away from considering more…

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