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Instant Answers From Bank Of Canada Rate Decision

BOC

Overnight Rate Target (level): 4.25%

Does the Bank say interest rates need to rise further? NO

Does the Bank say interest rates **may** need to rise further? YES

Does the Bank say it’s nearing or may be nearing the end of interest-rate increases? NA

Does the Bank suggest it’s likely finished raising interest rates? NA

Does the Bank say that monetary policy appears to be appropriate? NO

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