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Wednesday, 1 June 2022
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. Via DailyFX - Market News https://ift.tt/v78o3gs
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