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2026-09-17 03:54:09
Oxford Economics predicts that the Bank of Canada will raise its benchmark interest rate in October and December. As a globally renowned macroeconomic research institution, Oxford Economics' forecasts are typically based on a comprehensive analysis of Canada's current inflation trends, labor market performance, and overall economic data. If the Bank of Canada implements these two rate hikes, they will have corresponding impacts on local borrowing costs, the housing market, and consumer spending, and may also influence the Canadian dollar's exchange rate and Canada's import and export trade performance to some extent.
