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Bank of Canada raises interest rates: Read the official statementThe Bank of Canada raised interest rates on July 12, bringing its key policy rate to 5%. Read the central bank\u0027s official statement here.
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Bank of Canada raises interest rates: Read the official statementThe Bank of Canada raised interest rates on July 12, bringing its key policy rate to 5%. Read the central bank\u0027s official statement here.
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Opinion: Bank of Canada should pause interest rate hikes, leave borrowing costs unchangedStatistics Canada released the June employment figures on Friday – the country has been facing a tight labour market
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Bank of Canada hikes interest rate to 5%The Bank of Canada raised its key interest rate by 25 basis points to 5 per cent, the highest in 22 years. Read more
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Bank of Canada to raise interest rates this week, all 6 big banks sayAll 6 of the big banks now expect the Bank of Canada to raise interest rates after the labour market tripled expectations in June. Read on.
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Bank of Canada seen hiking rates quarter point to tame stubborn inflationThe Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed resilient growth, a stubbornly tight labor market and sticky underlying inflation, analysts said. In June, the central bank raised its overnight rate to a 22-year high of 4.75% after a five-month pause, saying monetary policy was not restrictive enough. It then said further moves would depend on economic data.
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