(BOC) Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

<p>The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Global inflation is easing, with lower energy prices and a decline in goods price inflation. However, robust demand and […]</p>
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