Bank of Canada Expected to Raise Interest Rates Amid Inflation and Economic Weakness
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Bank of Canada
Canada
October 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 110/26/2026, 2:41:07 PM
The Bank of Canada is expected to raise its key overnight lending rate on Wednesday. The economy faces a dual challenge of rising inflation and weak growth. New U.S. tariffs are adding further pressure to the Canadian economic outlook.
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