Bank of Canada Delivers a 50 Basis Point Hike, But No Guarantees of Future Hikes   

The Bank of Canada raised the overnight rate to 4.25%, while stating that it will continue with Quantitative Tightening (QT). On rising prices, it stated that “inflation is still too high and short-term inflation expectations remain elevated. The longer that consumers and businesses expect inflation to be above the target, the greater the risk that […]

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