Bank of Canada surveys show rising inflation expectations, increasing chance of hefty rate hike - The Globe and Mail

The findings may spur the central bank to announce the biggest rise in its benchmark interest rate since 1998

People shop at a Walmart Supercentre in Toronto on March 13, 2020.CARLOS OSORIO/Reuters Canadian consumers and businesses expect inflation to remain high for several years, adding pressure on the Ba… [+5682 chars]

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