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Ed Devlin on BNN – Bank of Canada Policy Rate Decision

The Bank of Canada is keeping its overnight lending rate unchanged at 0.25 percent. The central bank is signaling a 2022 rate hike, and reducing its weekly asset purchases to $3B per week. Ed Devlin, founder of Devlin Capital, senior fellow at C.D. Howe Institute, and former head of Canadian portfolio management at PIMCO, joins BNN Bloomberg to weigh in.

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