Bank of Canada widely expected to get back on its rate-hiking path
OTTAWA — After waiting for half a year, Stephen Poloz appears ready to get back on his rate-hiking path this week. Recent signals from the Bank of Canada governor, combined with strong economic data, have experts widely predicting Poloz will raise his trend-setting rate Wednesday from its current level of 1.25 per cent. Citing a prudent, data-dependent approach, Poloz hasn’t touched the rate since he increased it […]
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