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Australia’s rate hikes provide clues to Bank of Canada

posted by Avatar butterscotch 743 days ago in CAD, AUD, Fundamental

The Reserve Bank of Australia was the first central bank among developed economies to begin raising interest rates, in October of last year. At the time, people said any comparison to Canada was not appropriate, given Australia’s big ties to China and this country’s reliance on the United States. And of course, Australia never did suffer a recessio
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