On Wednesday, the Bank of Canada unveils its latest interest rate policy. Many expect it to make good on a promise to hit the pause button.
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Bank of Canada to hold rates steady in 2023, budget watchdog saysThe Bank of Canada will hold its key policy rate at the current level of 4.5% until the end of this year and will start cutting rates in January 2024, Canada's independent budgetary watchdog forecast on Thursday. The central bank has raised rates at a record pace over the past year to tame inflation that hit a four-decade high of 8.1% in June. After its last hike in January, the Bank of Canada became the first major central bank fighting global inflation to say it would likely 'pause' further moves as long as prices continue to come down as it has forecast.
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Bank of Canada: What economists are expecting from the next policy announcement - BNN BloombergEconomists expect the Bank of Canada will hold interest rates at its key policy announcement next Wednesday, but experts say the bigger question is what happens after the March meeting.
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Bank of Canada to hold rates steady in 2023, budget watchdog saysOTTAWA — The Bank of Canada will hold its key policy rate at the current level of 4.5% until the end of this year and will start cutting rates in January 2024,…
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Bank of Canada to hold rates steady in 2023, budget watchdog saysOTTAWA — The Bank of Canada will hold its key policy rate at the current level of 4.5% until the end of this year and will start cutting rates in January 2024,…
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Bank of Canada to hold rates steady in 2023, budget watchdog saysOTTAWA — The Bank of Canada will hold its key policy rate at the current level of 4.5% until the end of this year and will start cutting rates in January 2024,…
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