Bank of Canada Raises Policy Rate By 25 BPS To 4.5%
General Angela Calla 25 Jan
No Surprises Here: The Bank of Canada Hiked Rates By Only 25 BPS, Signalling a Pause As expected, the Bank of Canada–satisfied with the sharp decline in recent inflation pressure–raised the policy rate by only 25 bps to 4.5%. Forecasting that inflation will return to roughly 3.0% later this year and to the target of […]
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