Bank of Canada: Sometimes rate hikes needed even when economy is weak

El Economista

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The Bank of Canada (BoC), citing the possibility of structural changes in supply crises, said yesterday, March 02, that sometimes interest rates need to be raised even when the economy is weak.Sharon Kozicki, Deputy Governor of the BoC, said that protectionist trade policies in the United States (EU), Canada's tense trade relations with its neighbor and advances in Artificial Intelligence were structural changes that could lead to disruptions in…