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 […]
The post Bank of Canada Hikes Rates 50bps. Will Act More Forcefully If Needed! appeared first on Action Forex.
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