Bank of Canada Raised Rates to Mitigate Inflation Risk, Minutes Say

Bank of Canada Raised Rates to Mitigate Inflation Risk, Minutes Say — Live Feedhttps://www.live-feeds.com/feed/bank-of-canada-raised-rates-to-mitigate-inflation-risk-minutes-sayContinuously updated, source-cited coverage. Bank of Canada minutes show deliberate rate hike to curb inflationhttps://www.live-feeds.com/feed/bank-of-canada-raised-rates-to-mitigate-inflation-risk-minutes-sayhttps://www.live-feeds.com/feed/bank-of-canada-raised-rates-to-mitigate-inflation-risk-minutes-say#u199687Sat, 14 Nov 2026 01:36:58 +0000The Bank of Canada's October 28 meeting minutes reveal officials raised interest rates specifically to mitigate inflation risks, proceeding with careful deliberation. Governing Council members emphasized that economic uncertainty does not preclude further hikes if price pressures persist. A concurrent Bank of Canada survey projects higher rates and yields extending through 2028, reinforcing a prolonged restrictive stance.Why it mattersThe October 28 decision marks a continuation of the Bank's inflation fight, with minutes showing policymakers weighed persistent price pressures agains