Past rate hikes are slowing demand, but inflation still a “significant” concern: BoC
Posted by: Dean Kimoto
When deciding to leave interest rates unchanged at its Sept. 6 monetary policy meeting this month, the Bank of Canada determined the past hikes are working to slow the economy. “[Governing Council] members agreed that data since their last decision had shown more clearly that demand was slowing, and excess demand was diminishing as monetary policy gained […]
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