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1 year ago

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Bank of Canada says inflation to dictate rate moves, not housing prices

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Bank of Canada says inflation to dictate rate moves, not housing prices

Hot inflation is the Bank of Canada's primary focus as it raises interest rates, a senior central bank official told Reuters on Thursday, making it clear that the bank was willing to accept a housing market correction in order to curb consumer price gains.

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Bank of Canada says inflation to dictate rate moves, not housing prices

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Bank of Canada says inflation to dictate rate moves, not housing prices

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