The Bank of Canada's inflation dilemma
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“The Bank of Canada's inflation dilemma”
Canada's economy is weak, but inflation is rising. The Bank of Canada has to choose which problem to take on. Raising interest rates will weaken the economy further while lowering rates would make inflation worse. The central bank decides what to do on Wednesday.
Read at CBC News – CanadaReported by one source so far. It is confirmed when a second, independent source reports the same thing.