The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy rate into restrictive territory for the first time in two decades, but bets are split on whether or not a pause will follow. BoC Governor Tiff Macklem has made clear the central bank is focused on getting 'to the top end or slightly above' the neutral rate, the range from 2% to 3% where monetary policy neither stimulates nor weighs on the economy. The neutral range has declined over the last 20 years.

https://www.hellenicshippingnews.com/bank-of-canada-expected-to-push-interest-rates-into-restrictive-territory/

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