Canadian inflation expected to take longer than expected to return to target - Fox Business

Canada's central bank, the Bank of Canada, has raised its interest rates by 225 basis points (2.25%) in an effort to fight inflation in the country.

Canadian inflation is not likely to return to the central bank's 2% target until 2024 after possibly peaking in June, as less volatile items like wages and rent displace energy as key sources of pric… [+2806 chars]

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