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Bank of Canada may be forced into early rate hike, Fidelity's David Wolf says

Financial Post: “The bank thinks that there’s a lot of capacity which I don’t think there really is, and the facts on the ground of rising prices show that,” Wolf said Wednesday at the Bloomberg Canadian Fixed Income Conference. That’s why investor expectations that the bank will begin lifting its benchmark interest rate from 0.25 per cent in the second half of next year are off base, he said.

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