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Bank Of Canada Will Raise Rates Five Hundred Percent This Year To Start Within Weeks National Bank


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National Bank sees interest rates doing a steep climb this year, and they expect it to start within weeks. In the first quarter, the Bank of Canada (BoC) is forecast to raise rates by 25 basis points (bps). This would bring the overnight rate to 0.50%, double the current level.

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David Stoddard
David Stoddard
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