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Canada Rates Can Diverge From Fed Without Stoking Inflation Problem, National Bank Says

Canada Rates Can Diverge From Fed Without Stoking Inflation Problem, National Bank Says
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BoC s Macklem warns interest rates will likely fall gradually, and not to pre-pandemic levels

The trajectory of interest rates matters greatly for the roughly 40 per cent of Canadian mortgage holders who have not yet renewed their mortgages since the central bank started raising rates in the spring of 2022

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