Bank of Canada: Policy Stays on Hold
This post by larrygreenberg has been reprinted from Currency Thoughts.
Comments OffThe last change in the Bank of Canada’s overnight money rate target was a 25-basis point hike in September 2010 to 1.0%. Today’s rate decision reaffirms the continuing appropriateness of this 2-1/2 year old stance and indicates no urgency to change it soon. Exports are not expected to return to their pre-recession level for about [...]
larrygreenberg @ March 6, 2013