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CANADA FX DEBT-Canadian dollar hits 7-week low as Fed plays catch-up with BoC

Fed policymakers at the median now see the first rate increase coming in 2023 instead of 2024, while the central bank opened the debate on when and how it may be appropriate to start tapering its massive bond-buying program. Canada's central bank has already begun to taper quantitative easing and has signaled it could begin lifting its key rate from a record low of 0.25% in the second half of next year.
Panel Be Canadian Dollar Bank Of Canada Federal Reserve Statistics Canada Bond Yields
Source: yahoo.com

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