Bank of Canada turns to interest rate guidance as it battles inflation - Reuters


5/10/2022 12:00:00 AM2 years 11 months ago

Faced with runaway inflation, Canada's central bank has taken the rare step of providing guidance on the path of interest rates, as it aims to keep expectations anchored while it unwinds stimulus in an overheating economy.

OTTAWA, May 10 (Reuters) - Faced with runaway inflation, Canada's central bank has taken the rare step of providing guidance on the path of interest rates, as it aims to keep expectations anchored wh… [+3564 chars]

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