Bloomberg Business

Bank of Canada Lifts Key Rate to 4.5% and Plans to Hold

The Bank of Canada raised interest rates for an eighth consecutive and potentially final time, saying it expects to move to the sidelines and assess the impact of its rapid tightening on the economy.

Lula’s First Trip Abroad Marks Return to Latin America Stage

President Luiz Inacio Lula da Silva’s participation in a summit of Latin American leaders, less than a month after taking office, marked Brazil’s efforts to resume a leading role in the region and counter the influence of the US.

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