Breaking: Bank of Canada hikes policy rate by 25 bps to 4.5% as expected

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Breaking: Bank of Canada hikes policy rate by 25 bps to 4.5% as expected

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    The Bank of Canada (BoC) announced on Wednesday that it hiked its benchmark interest rate by 25 basis points to 4.5% following the January policy meeting. This decision came in line with the market expectation.

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