Bank of Canada: high inflation ‘keeping us up at night
The Canadian dollar was trading 0.1 percent lower at 1.2930 to the US dollar, or 77.34 cents, having recovered some of its earlier losses. The Bank of Canada raised its policy rate to 1.5 percent from 1.0 percent earlier this month, its second consecutive overshoot, and stated that it would act “more forcefully” if necessary …
Bank of Canada: high inflation ‘keeping us up at night Read More »