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The Latest Breaking News from Bank of Canada

Why we can’t just 'stop printing money' to get inflation down

With the Bank of Canada announcing an oversized interest rate hike this week, it might seem like central banks are coming to rescue us from inflation once again. Yet while they did play an important role in mitigating a COVID-induced recession, central banks don’t have the power to solve our…

The Conversation

Canada targets housing, banks in modest-spending budget

Canada's Liberals put red-hot real estate markets squarely in their sights on Thursday, laying out a budget geared at boosting housing affordability amid soaring inflation, while promising modest new spending to encourage medium-term growth.

Reuters

Bank Of Canada Raises Interest Rates For First Time Since 2018, With More To Come

The Bank of Canada raised interest rates to 0.5%, a 25-basis-point uptick that marked the first time that rates were increased by the nation’s central bank since 2018.

Benzinga

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Executives Sell More Than $47M Of 5 Stocks

Although the Bank of Canada raised its key lending rate to 0.5% on Wednesday, there were a few notable insider trades.

Benzinga

Federal Reserve leaves interest rates on hold, but March rise looks likely – as it happened

Rolling coverage of the latest economic and financial news

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