August 19, 2026
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Business

Bank of Canada’s rapid rate hikes likely to cause a recession, study finds

The Bank of Canada’s strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday from the Canadian Centre for Policy Alternatives. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/bank-of-canada-s-rapid-rate-hikes-likely-to-cause-a-recession-study-finds-1.5974723

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