 The Bank of Canada raised the overnight rate to 4.25, while stating that it will continue with Quantitative Tightening QT. On rising prices, it stated that inflation is still too high and short-term inflation expectations remain elevated. The longer that consumers and businesses expect inflation to be above the target, the greater the risk that ... The post Bank of Canada Delivers a 50 Basis Point Hike, But No Guarantees of Future Hikes appeared first on Action Forex... 