Bank of Canada interest rate announcement nears as economists expect a hike
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The Bank of Canada plans to release its next interest‑rate decision on Wednesday. Economists surveyed anticipate that the central bank will raise its policy rate. The expected increase would be the first adjustment in three years. No specific figure or timing beyond Wednesday is provided in the source.
The Bank of Canada is expected to make an interest rate announcement Wednesday, with many economists predicting a hike for the first time in three years.