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Canada's central bank rethinks inflation strategy amid global economic shocks.
Bank of Canada officials say they are rethinking their approach to inflation as they face economic shocks from the Iran conflict, U.S. protectionism, and artificial intelligence.
Senior Deputy Governor Carolyn Rogers admitted the bank underestimated inflation's persistence after the pandemic.
While the benchmark rate remains at 2.25%, markets are now pricing in a potential rate hike in April due to rising oil prices.
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El banco central de Canadá replantea su estrategia de inflación en medio de los shocks económicos mundiales.