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Bank of Canada

Posted by Manny Anagnostakis on 01:06 PM

Bank of Canada, sits put again!   April 15, 2015

Once again the Bank of Canada is standing pat on rates again, maintaining the target for the overnight rate at 0.75%. This means that for now at least, it doesn't look like that second rate cut is going to come any time soon.

While the decline in oil prices stalled the canadian economy in the first quarter of 2015, the Bank expects stronger non- energy exports, increasing investment and improving labour markets whic...

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