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Wednesday, June 28, 2023

Rewriting the Bank of Canada's playbook as the post-COVID economy defies all expectations - The Hill Times

It seems certain that the expectations of how people react to a tighter credit environment will have to be rethought.

The overall economic picture is likely to be too expansive to prevent Bank of Canada Governor Tiff Macklem from raising interest costs again at the next setting date in July, writes Les Whittington.

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Rewriting the Bank of Canada's playbook as the post-COVID economy defies all expectations - The Hill Times
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