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On December 8, 2021, Bank of Canada Governor Tiff Macklem announced that the Bank's target interest rate would remain unchanged. However, most economists expect interest

On December 8, 2021, Bank of Canada Governor Tiff Macklem announced that the Bank's target interest rate would remain unchanged. However, most economists expect interest rates to eventually rise, especially if inflation begins to increase.

Discuss how you think higher interest rates may impact you personally and the economy in general.

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