In September 2015, the unemployment rate was 7.0 percent, the inflation rate was 0 . 1 percent, and the overnight loans rate target was 0.5 percent. In September 2017, the unemployment rate was 6 . 2 percent, the inflation rate was 1 . 4 percent, and the overnight loans rate target was 1. 0 percent . How might the Bank of Canada’s decisions that raised …
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