Bank of Canada Raises Rates, Warns on Nafta Risk

[ahlam1399]

Bank of Canada Raises Rates, Warns on Nafta Risk

The Bank of Canada raised its main interest rate to 1.25% on the strength of stellar employment data and a pickup in inflation, but it signaled a cautious approach to further rate increases while warning that uncertainty tied to the future of the North American Free Trade Agreement is likely to exert a drag on growth.

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