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Bank Of Canada Holds Rates At 0.5% But Optimistic For Q3

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    FED aside, the Bank of Canada Bank appear the most likely to raise rates in foreseeable future as inflation has come in 'roughly' on track for the past six months. However, citing the devastating effects of recent wildfires, GDP growth is now expected to lose around 1.25% in Q2 GDP[​IMG]

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