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The Bank of Canada raises the target for overnight rate from 0.25% to 0.5%, answer the questions below: What would be the bank rate? The

The Bank of Canada raises the target for overnight rate from 0.25% to 0.5%, answer the questions below: What would be the bank rate? The deposit (settlement balance) rate? What open market operation should be conducted? What are the ripple effects following the change of policy interest rate?

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