Bank of Canada Delivers Hawkish 50 bp Hike, Pledges to Act Forcefully, USD/CAD Subdued

Bank of Canada raises rates by 50 bp to 1.50% in bid to tackle inflation, signaling that borrowing costs will need to rise further and that the bank is prepared to act more forcefully if needed.

from DailyFX – Market News https://bit.ly/38CNVhx
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