Why Bank of Canada will soon stop threatening more interest rate hikes ...Middle East

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Breadcrumb Trail Links News Bank’s assessment of increased inflationary risks at odds with forecasts of economic weakness, Capital Economics says Published Oct 30, 2023  •  5 minute read Bank of Canada governor Tiff Macklem. Photo by Justin Tang/Bloomberg Article content The Bank of Canada keeps saying another interest rate hike may be needed to wrestle down inflation, but Canadians may not have to worry about that actually happening if the bank’s own economic forecasts pan out, a new assessment from Capital Economics says. Article content Policymakers at the Bank of Canada held the key policy rate at five per cent last week, but cautioned they may need to raise interest

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