BoC hold rates steady, still confirmed about risks to inflation outlook

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<p>BoC kept overnight rate unchanged at 5.00% as widely expected. In the accompanying statement, BoC expressed that it’s “still concerned about risks to the outlook for inflation”, in particular the “persistence in underlying inflation”. The central bank’s focus remains squarely on the equilibrium between demand and supply within the economy, closely monitoring inflation expectations, wage […]</p>
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