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الاقتصادية
Source: الاقتصادية
15 Hrsالاقتصادية
Source: الاقتصادية
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The minutes of the Bank of Canada’s October 28 meeting warned that persistently high energy prices could keep inflation near 3% for more than a year, even if the increases do not feed through to the prices of other goods and services. Annual inflation reached 3.2% in September, exceeding the Bank’s 1% to 3% target range, while import costs could add further pressure. The Bank raised its policy rate by 25 basis points to 2.5% to limit the spread of higher costs across the broader economy, while keeping a close eye on energy developments and the labour market.
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