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Descrease article font size Increase article font size The annual rate of inflation cooled to 2.8 per cent in June, marking a milestone in the Bank of Canada’s efforts to fight raging price pressures. Statistics Canada said Tuesday that the slowdown in prices was “broad-based” but attributed most of the …
Read More »Bank of Canada expected to hold interest rate under planned pause on hikes – National
One year after the Bank of Canada’s aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate steady at its next scheduled announcement. In making its rate decision next week, the central bank likely feels assured about its …
Read More »Bank of Canada set to release summary explaining latest interest rate hike – National
The Bank of Canada will release a summary of its deliberations on the latest interest rate hike later Wednesday, the first time the central bank is giving Canadians a peek behind the curtain into its decision-making process. The bank last year announced it would start publishing these summaries about two …
Read More »Bank of Canada governor to deliver year-end remarks as interest rates soar
The remarks come after the central bank hiked its key interest rate by half a percentage point on Wednesday, bringing it to 4.25 per cent. News Source link
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