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Cholesterol: foods rich in fiber that lower the rate

Soluble fiber, found in foods like oats, vegetables, and fruits, can help lower cholesterol. Cholesterol is a fatty substance created by the liver. Cholesterol also comes from eating animal products, such as dairy and meat. The body needs a certain amount of cholesterol to function properly. However, excess cholesterol can cause health problems. There are …

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No respite for the indebted: Bank of Canada will raise key rate further

No respite for the indebted: Bank of Canada will raise key rate further

The Bank of Canada raises its key rate for the sixth time this year on Wednesday. While consumers suffer, banks benefit. Consumers will have to pay more for their mortgages and lines of credit. The Bank of Canada’s key rate will rise between 0.5 and 0.75 percentage points on Wednesday, according to experts, bringing it …

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More interest rate hikes will be needed, says Tiff Macklem

More interest rate hikes will be needed, says Tiff Macklem

In the text of a speech to the Halifax Chamber of Commerce, Macklem said Thursday that high inflation increasingly reflects domestic price pressures. The governor noted that while global events such as the pandemic and the Russian invasion of Ukraine fueled price increases, demand was outpacing supply overall in the Canadian economy. Mr. Macklem felt …

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United States: the Fed once again raises its reference rate three-quarters of a point

United States: the Fed once again raises its reference rate three-quarters of a point

(Photo: 123RF) Washington — The US central bank (Fed) tightened its monetary policy again on Wednesday, in the face of inflation still too high, and warned that it would have to tighten further, which will be painful for households. “We need to realign supply and demand. And our way of doing that is to slow …

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