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24 Jan 2023

Bank of Canada likely to raise rates again Wednesday — but should it?

Author: admintech | Filed under: Finance/ Money
Tiff Macklem

Canada’s central bank is widely expected to raise its benchmark interest rate for the eighth time in a year this week, a move that will make it even more expensive to borrow money. But for the first time in almost a year, there isn’t unanimous consensus among those who watch the central bank that another hike is in the cards — or even that one should be.