Bank of Canada to Take Cautious Path With Two More Hikes in 2018: Poll

Bank of Canada to Take Cautious Path With Two More Hikes in 2018: Poll
The Bank of Canada building in Ottawa on May 23, 2017. Reuters/Chris Wattie
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OTTAWA—The Bank of Canada is on course to raise interest rates twice more this year as it aims to strike a balance between a stronger economy and a number of economic risks, including trade negotiations and new housing regulations, a Reuters poll found.

The central bank has raised interest rates three times since last July, amid a robust job market and solid economic growth, but policymakers have said repeatedly they will be cautious in considering further hikes.