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Bank of Canada Hiking Cycle Could Be Drawing to a Close

Started by PocketOption, Dec 04, 2022, 04:08 am

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PocketOption

Bank of Canada Hiking Cycle Could Be Drawing to a Close

The Bank of Canada won't hit the brakes on interest rate increases next week, but it is likely to slow them down. And we believe next week's increase could be the last in this cycle. We expect a 25 basis point increase in the overnight rate to 4.0% from the central bank--smaller than the 50 […]


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