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    Newsroom Ready: Bank of Canada raises interest rates, says it will take a 'conditional' pause
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    Placeline/People
    City Ottawa
    State Province Ontario
    Country Canada

    Bank of Canada raises interest rates, says it will take a 'conditional' pause

    The Bank of Canada has raised its key interest rate by a quarter of a percentage point and said it expects this to be the last rate hike of the cycle. The rate increase marks the eighth consecutive hike since March as the central bank fights off decades-high inflation. 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP165740025 
    Legacy Identifier: b_BoC-Interest-Rate20230125T1600 
    Type: Video 
    Duration: 1m11s 
    Dimensions: 1920px × 1080px     77.82 MB 
    Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
    Create Date: 1/25/2023 4:00:00 PM 
    Display aspect ratio: 16:9 
    Tags
    Bank of Canada
    BOC
    central bank
    interest
    Ottawa
    Tiff Macklem