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Home›Forex›Major Pairs›BoC’s Macklem signals more rate hikes as Oil fuels inf…

BoC’s Macklem signals more rate hikes as Oil fuels inflation risks

Reported · Written up by our desk · Major Pairs

On Tuesday, Bank of Canada (BoC) Governor Tiff Macklem appeared before the House of Commons Standing Committee on Finance and said that “further rate hikes may be needed” because the war in the Middle East is keeping energy prices “higher for longer.”

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FXStreetBoC’s Macklem signals more rate hikes as Oil fuels inflation risks

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