Breadcrumb Trail Links News Economy Central bank has faced unprecedented challenges when it comes to monetary policy since the pandemic Published Sep 20, 2023 • Last updated 3 minutes ago • 4 minute read The Bank of Canada building in Ottawa. Photo by Sean Kilpatrick/The Canadian Press Article content The Bank of Canada has faced unprecedented challenges when it comes to monetary policy since the start of the COVID-19 pandemic, launching drastic interest rate cuts to combat the initial slowdown followed by a rapid tightening cycle to fend off inflation. Making things more complicated has been that economic policy hits different households in different ways
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