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Tag: Derek Holt

Canada

Bank of Canada Has A Solid Case To Double Interest Rates Next Meeting: Scotiabank

April 20, 2022

Canadian inflation is hitting multi-decade highs and is projected to get worse. Derek Holt, Scotiabank’s head of Capital Markets Economics, argues the pace of inflation will force interest rates to double by the summer. The Bank of Canada (BoC) is now so behind controlling inflation that raising the overnight rate by an entire point at […]

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