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Weekly Commentary

Bank of Canada’s Rate Hike Overshadowed By War and Oil Prices

March 4, 2022
Royce Mendes • Francis Généreux • Benoit P. Durocher • Hendrix Vachon • Lorenzo Tessier-Moreau

It’s only been a few days since the Bank of Canada (BoC) raised rates, so it’s way too early to tell how the economy is reacting. That said, figuring out how much the economy is responding might remain a challenge for some time.