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MNI Instant Answer Questions For BoC

CANADA

Per our preview, we will be posting answers to the following questions from the BoC decision.

• Overnight Rate Target (level)

• Does the Bank signal that interest rates need to rise further?

• Does the Bank say it can be forceful with policy?

• Does the Bank say this decision is part of a move to front-load tightening?

• Does the Bank signal it could slow the pace of rate increases from here?

• Does the decision include the word “recession” or the potential for a major economic slowdown in Canada?

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