Will the Bank of Canada's interest rate hike of 50 basis points help level out inflation? BNN Bloomberg's Kumutha Ramanathan explains.
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Bank of Canada hikes key interest rate half a percentage point to 4.25% - BNN BloombergBREAKING: The Bank of Canada raised its key policy rate half a point to 4.25 per cent on Wednesday, in line with most economist estimates.
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Bank of Canada: Read the full decision on its interest rate hike - BNN BloombergThe Bank of Canada raised its key policy rate half a point to 4.25 per cent on Wednesday, in line with most economist estimates. Read the full statement from the central bank.
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Experts react to Bank of Canada hiking rates for seventh straight time - BNN BloombergHere's what experts are saying about the Bank of Canada hiking its key policy rate by half a point to 4.25 per cent.
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Bank of Canada look ahead: Economists expect seventh straight rate hike - BNN BloombergEconomists are forecasting the Bank of Canada will hike interest rates for the seventh-straight time on Wednesday.
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John Manley: Government should give Bank of Canada leeway to fight inflation - BNN BloombergPolicymakers have “no good choices” when trying to balance the fight against inflation and minimizing economic impacts on residents, but a former federal finance minister and deputy prime minister said the government should take a hands-off approach and not enact policies that interfere with the Bank of Canada’s aggressive approach.
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John Manley: Government should give Bank of Canada leeway to fight inflation - BNN BloombergPolicymakers have “no good choices” when trying to balance the fight against inflation and minimizing economic impacts on residents, but a former federal finance minister and deputy prime minister said the government should take a hands-off approach and not enact policies that interfere with the Bank of Canada’s aggressive approach.
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