The growing threat of inflation looms over the Bank of Canada as it prepares its second-to-last interest rate announcement of 2021, with Statistics Canada reporting this week that the national inflation rate is now at its highest in 18 years.
Sitting at 4.4% in September, that rate exceeded the Bank’s target range for the sixth month in a row, leading to speculation that the Bank could be jolted into movement on rates sooner than anticipated. # SANDI HALPERN # SOLD # LEASED # BOC # INTEREST RATES #INFLATION
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