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Carolyn Wilkins, Senior Deputy Governor and Stephen Poloz, Governor of the Bank of Canada said last week the bank will be assessing whether the monetary policy stimulus in place is still required. (Globe and Mail Update)
Carolyn Wilkins, Senior Deputy Governor and Stephen Poloz, Governor of the Bank of Canada said last week the bank will be assessing whether the monetary policy stimulus in place is still required. (Globe and Mail Update)

Inflation data eyed as Bank of Canada tilts to raising interest rate Add to ...

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Let the rate-hike guessing game begin.

Now that the Bank of Canada has signalled that it’s preparing to raise its benchmark interest rate for the first time in seven years, economists will be watching the flow of data – including reports on inflation and retail sales this week – for clues about when the central bank will finally pull the trigger.

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