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Tuesday, June 10, 2008

Bank of Canada Stands Firm at 3%

June 10, 2008

Well, the Bank of Canada bucked most predictions of a 1/4% rate cut and held the overnight rate firm at 3%. Now, as I mentioned the other day, there’s a serious split between the economies of the east and the west. I think the fact that the BOC chose to hold the rate steady, rather [...]

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