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Sweet and Sour Chicken Recipe

  Crispy, tangy, and just the right amount of sweet—this sweet and sour chicken is a family favorite that’s easy to make at home. Ingredients For the Sauce: 1 cup pineapple juice ½ cup distilled white vinegar ½ cup sugar 3 tablespoons ketchup 2 tablespoons soy sauce ¼ teaspoon crushed red pepper flakes 1½ tablespoons cornstarch For the Chicken: ½ cup all-purpose flour ½ cup cornstarch 1 teaspoon baking powder ¼ teaspoon baking soda 1 heaping teaspoon salt ¼ teaspoon freshly ground black pepper ⅔ cup water 1½ tablespoons vegetable oil (plus more for cooking) 1 pound chicken tenderloins or boneless, skinless chicken breasts, trimmed and cut into 1-inch (2.5 cm) chunks For Finishing the Dish: 1 tablespoon vegetable oil 2 red bell peppers, cut into 1-inch (2.5 cm) pieces 1 small red onion, cut into 1-inch (2.5 cm) chunks Instructions Make the Sauce: In a medium saucepan over medium heat, whisk together pineapple juice, vinegar, sugar, ketchup, soy sauce, and red pepper flakes. Bring to...
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Bank of Canada Holds Key Interest Rate Steady at 5% Amidst Cooling Inflation By Copilot

                    

The Bank of Canada has once again maintained its benchmark interest rate at 5%, marking the fifth consecutive meeting where the rate remains unchanged. This decision comes as no surprise, given the central bank’s recent efforts to curb runaway inflation by raising rates ten times since early 2022.

Inflation has been a pressing concern, prompting the Bank of Canada to take decisive action. However, recent signals from the bank suggest that it may be nearing the end of its tightening cycle. The hold on interest rates reflects a cautious approach, allowing policymakers to assess the economic landscape and respond appropriately.

The Implications

  • Cooling Inflation: The decision to maintain the 5% rate aligns with evidence that inflation is cooling down. While inflation remains a critical factor, the bank’s commitment to stability is evident.

  • Quantitative Tightening: The Bank of Canada continues its policy of quantitative tightening, emphasizing prudent management of monetary policy. This approach aims to strike a balance between economic growth and price stability.

As the Canadian economy navigates uncertainties, the Bank of Canada’s stance will be closely monitored. The delicate balance between supporting growth and managing inflation remains at the forefront of policymakers’ minds.

In summary, the Bank of Canada’s decision to hold the key interest rate steady at 5% underscores its commitment to maintaining stability while carefully assessing economic indicators. As we move forward, vigilance and adaptability will be essential in shaping the country’s financial landscape.


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