Is the Bank of Canada reaching the end of its rate raising cycle?

Is the Bank of Canada reaching the end of its rate raising cycle? CarmichaelKevin

But last week, the Bank raised interest rates by 50 basis points below market expectations of a 75 bps hike. Was governor Tiff Macklem and his team signalling that it is reaching the end of its rate-raising cycle?Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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