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Bank of Canada Troubled By High Gas Prices, Warns of Hike Risk

Bloomberg Markets Wednesday 16 September 2026, 17:30 UTC By Erik Hertzberg 1 min read
Key Points

The Bank of Canada’s governing council warned that it may need to hike interest rates, saying the longer gasoline prices remain elevated, the more likely that would pass through to other goods and services.

The Bank of Canada’s governing council warned that it may need to hike interest rates, saying the longer gasoline prices remain elevated, the more likely that would pass through to other goods and services.
Bank of Canada Troubled (ORG)
Originally published by Bloomberg Markets Read original →

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