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Placeline/People
City Vaughan
Country Canada

Bank of Canada warns of prolonged inflation

Bank of Canada governor Tiff Macklem says inflation will remain higher for longer, largely driven by global supply-chain problems, which could pose a challenge for households. He says also says an interest rate hike may be coming sooner than expected and that the bank is ending a key stimulus program known as quantitative easing, or QE. 
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Source name: 
The Canadian Press
Unique identifier: CP139007571 
Legacy Identifier: b_BoC-Rate20211027T1300 
Type: Video 
Duration: 1m27s 
Dimensions: 1920px × 1080px     99.57 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 10/27/2021 1:00:00 PM 
Display aspect ratio: 16:9 
Tags
Bank of Canada
Canada
canada government
central bank
demand
economy
global supply-chain
Governor
inflation
interest
interest rate hike
Ontario
Ottawa
prices
supply
Tiff Macklem