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Bank Of Canada Keeps Interest Rate Steady

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Canada announced that it decided to keep its target for the overnight rate at 0.50%, indicating that a strong start to the year will disappear quickly on the background of the weak second quarter results. Meanwhile, the Bank Rate remained correspondingly at 0.75% and the deposit rate[​IMG]

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