Bank of Canada Hikes Rates 50bps. Will Act More Forcefully If Needed!

Although the Bank of Canada raised rates by only 50bps today, the statement was clearly hawkish. The Bank of Canada hiked interest rates by 50bps to 1.5%, as expected.  However, the announcement may have disappointed some, as rumors were swirling in the markets that they could hike as much as 75bps.  The key concern for […]

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