Could the Bank of Canada raise interest rates again in 2023?
Posted by: Mike Hattim
The Bank of Canada struck a “hawkish tone” in its latest policy rate announcement that points to the possibility of another rate hike if the situation calls for it, according to Sherry Cooper, chief economist at Dominion Lending Centres (DLC). Cooper acknowledged the slowdown in economic activity since late 2022, which has “dramatically reduced” demand […]
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