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Bank of Canada(BoC) says ”[w]ithdrawal of considerable monetary stimulus may be appropriate”

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Published on Monday, April 16, 2012

Bank of Canada(BoC) says ”[w]ithdrawal of considerable monetary stimulus may be appropriate”

In today's release, the BoC's phrasing pulled forward expectations of the next interest rate increase, possibly indicating a hawkish tipping point for the Bank