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Bank of Canada Official Signals Potential Back-to-Back Rate Hikes Amid Rising Oil PricesSubstrate placeholder — needs review
finance14 days agoDeveloping

Bank of Canada Official Signals Potential Back-to-Back Rate Hikes Amid Rising Oil Prices

Canadian government bonds faced a major sell-off following statements from the Bank of Canada’s top official. The official raised the prospect of back-to-back rate hikes, conditional on energy prices driving broader inflation. This occurred as oil prices were spiking, according t…

Bloomberg
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