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Bank of Canada says it is ready to act ‘forcefully’ to meet 2% inflation target

Bank of Canada says it is ready to act ‘forcefully’ to meet 2% inflation target

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie By Julie Gordon and David Ljunggren OTTAWA (Reuters) -The Bank of Canada is prepared to act “forcefully” with rate hikes to return inflation to target, particularly as price pressures broaden amid tight…