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Bank of Canada Gov. Macklem Pledges to Proceed Carefully on Further Rate Increases

Macklem defended the decision to raise interest rates to 2.5% last week, saying officials needed to address a buildup of cost pressures and expectations that a larger share of firms would raise their prices over the next 12 months.

Bank of Canada Gov. Macklem Pledges to Proceed Carefully on Further Rate Increases

We haven't written up this one. WSJ Economy has the full story — the link below goes straight to it.

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