BoC minutes: higher fuel costs could require further rate hikes
Bank of Canada policymakers said inflation risks have intensified and that additional rate increases could be required if evidence shows higher fuel costs spill over into other goods and services prices, according to the latest rate-policymaking minutes.
OTTAWA--Senior Bank of Canada policymakers said inflation risks had become more acute and that additional rate increases could be needed if there is evidence that higher fuel costs are spreading into the prices of other goods and services, according to minutes from the central bank's latest rate-polic...