Will Bank of Canada hike interest rates sooner than expected ?

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Will Bank of Canada hike interest rates sooner than expected ?

*The Canadian central bank had decided to lower its interest rates to 0.25 per cent following the onset of the COVID-19 pandemic in 2020, *while stating that it wasn’t likely to increase these rates before 2023. So, why is there a speculation about the BoC preponing the interest rate hike? *While the bank noted that the economic indicators hint at continued economic growth for Quarter 4 of 2021, it pointed at the hindrance caused by the supply crunch, the British Columbia floods, and the omicron variant's emergence. *While the bank noted that the economic indicators hint at continued economic growth for Quarter 4 of 2021, it pointed at the hindrance caused by the supply crunch, the British Columbia floods, and the omicron variant's emergence. 

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