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CANADA LIFTS KEY RATE 100BP TO 2.5%, SAYS MORE IS NEEDED

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CANADA LIFTS KEY RATE 100BP TO 2.5%, SAYS MORE IS NEEDED

BOC `RESOLUTE' IN COMMITMENT TO RESTORE 2% INFLATION

BOC RAISES 2022 INFLATION FORECAST TO 7.2% FROM 5.3%

BANK OF CANADA LOWERS 2023 GDP FORECAST TO 1.8% FROM 3.2%

BOC SAYS IT DECIDED TO FRONT-LOAD THE RATE INCREASE PATH

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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