The Bank of Canada considered raising interest rates at its monetary policy meeting in April.

[the Bank of Canada considered raising interest rates at the monetary policy meeting in April] the Bank of Canada released its monetary policy review prior to the April interest rate decision. The central bank considered raising interest rates at its monetary policy meeting in April; policy makers agreed that it was "of great significance" to imply that they were ready to raise interest rates; and central bank officials discussed the need to maintain higher interest rates in the longer term. It may be harder to get inflation back from 3% to 2%.