BoC's Rogers: Policy interest rate will need to rise further – by eren_fxstreet BOC CentralBanks
"Recent data show inflationary pressures in Canada are increasingly broad-based."
"Demand continues to outstrip supply in many parts of the Canadian economy and short-term inflation expectations remain high.""Because we are in a period of excess demand we need a period of lower growth to balance things out; the reduced spending that results will ultimately lead to lower inflation."
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