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What the Bank of Canada’s New Interest Rate Mandate means for Consumers

What the Bank of Canada’s New Interest Rate Mandate means for Consumers
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Canada News

The Bank of Canada’s new mandate keeps at its heart a two per-cent annual inflation rate. However, when setting its trendsetting interest rate, Canada’s central bank will now also consider the health of the job market as part of its inflation-targeting regime. Anne Gaviola explains what that means for Canadians and their wallets.

Credit Global News

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