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Bank of Canada: Policy Stays on Hold

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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The 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

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