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Global Economy: Year of policy tightening set for early Canadian test

Reuters  |  DUBLIN 

By Padraic HalpinDUBLIN (Reuters) - The Bank of Canada will get the first crack in the coming week at demonstrating whether, as many expect, monetary policy among the world's major economies is set to tighten more in 2018 than in any year since the crisis.Yet when policymakers gather in Ottawa on Wednesday, there is an outside chance they instead provide a warning that a gradual move away from a decade of massive stimulus will not be straightforward in these more politically unpredictable times.Expectations that the BoC will boost interest rates for the third time since July had surged in the ...

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First Published: Fri, January 12 2018. 20:58 IST
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