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Federal Reserve System, Bank of Canada will hike until inflation falls

by Larysa Harapyn
written by Larysa Harapyn

Watch CIBC deputy chief economist on what central banks’ aggressive rate hiking means for the economy

Publishing date:

Jun 15, 2022  •  3 days ago  •  1 minute read  •  51 Comments

U.S. Federal Reserve chair Jerome Powell, right, and Bank of Canada governor Tiff Macklem has set their sights on getting inflation back to target.
U.S. Federal Reserve chair Jerome Powell, right, and Bank of Canada governor Tiff Macklem has set their sights on getting inflation back to target. Photo by Reuters

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