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Bank of Canada Holds the Overnight Rate at 0.5%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 2, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Canada met market expectations and maintained the overnight rate at 0.5%. The statement highlighted that growth in Canada and globally is running broadly in line with the forecasts provided in the October Monetary Policy Report. Today's statement played up divergences in terms of growth prospects and monetary[​IMG]

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