Pimco says Poloz could be forced to renew rate hike warnings

The Bank of Canada will be forced to renew warnings of the possibility for higher interest rates in order to halt a “bubble” from forming in the housing market, according to Pacific Investment Management Co.’s Ed Devlin. Governor Stephen Poloz’s removal of language about the potential need to rai…

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Pimco says Poloz could be forced to renew rate hike warnings

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