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https://www.ctvnews.ca/business/canada-recession-may-be-necessary-evil-as-big-hike-expected-from-central-bank-1.6117622
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Recession may be 'necessary evil' as BoC queues big hike - CTV News
10/20/22 at 3:51pm
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Ctvnews.ca
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48 words
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Business & Industrial
Business News
Canada
CTV News
Even as recession worries intensify in Canada, the central bank is likely to go ahead with another supersized interest rate hike next week after data showed underlying inflation was stubbornly persistent despite aggressive tightening, analysts said.
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