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“The Bank of Canada raised its benchmark interest rate for the first time in more than three years on Wednesday as it tries to get ahead of looming price hikes.”

“The Bank of Canada is expected to make an interest rate announcement Wednesday, with many economists predicting a hike for the first time in three years.”

“The Bank of Canada has held its key interest rate unchanged for about a year, but some economists expect rates to begin increasing again as early as next week — which would be the first hike in more than three years.”