Bank of Canada Takes Their Policy Rate 25 bps Higher
<p>The Bank of Canada raised the overnight rate by 25 basis points, to 5%, while stating that it will continue with Quantitative Tightening (QT). With the hike, the policy rate is now at its highest level since 2001. On economic growth the Bank stated that “Canada’s economy has been stronger than expected” and that recent […]</p>
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