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Bank of Canada Pauses Rate Hikes As US Fed Promises Further Tightening.

gofC rate hold

The Bank of Canada holds rates steady even as the fed promises to push higher. As expected, the central bank held the overnight rate at 4.5%, ending, for now, the eight consecutive rate increases over the past year. The Bank is also continuing its policy of quantitative tightening. This is the first pause among major central […]

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