BOC’s Macklem: Canadians should expect even more rate hikes to come

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“Canadians should expect even more rate hikes to come on top of six that have already happened this year,” said Bank of Canada (BOC) Governor Tiff Macklem during an interview with CBC News late Thursday.

Also read: BoC’s Macklem: Canadian economy in excess demand, inflation too high

USDCAD bears take a breather at a seven-week low, around 1.3323 by the pres time, after witnessing the US inflation-inspired slump.

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