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    Bank of Canada raises key interest rate
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    Placeline/People
    City Vaughan
    Country Canada

    Bank of Canada raises interest rates

    The Bank of Canada has increased its key interest rate by one percentage point in the largest hike the country has seen in 24 years. Bank of Canada governor Tiff Macklem says the oversized rate hike reflects "very unusual economic circumstances." 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP160517119 
    Legacy Identifier: b_BoC-Interest-Rate20220713T1545 
    Type: Video 
    Duration: 2m20s 
    Dimensions: 1920px × 1080px     164.39 MB 
    Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
    Create Date: 7/13/2022 3:45:00 PM 
    Display aspect ratio: 16:9 
    Tags
    Bank of Canada
    central bank
    demand and supply
    economy
    inflation
    interest rate
    raise
    Tiff Macklem