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Bank Of Canada Keeps Rates Unchanged, Revises Its Growth Outlook

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 22, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Bank of Canada left its key overnight lending rate unchanged at 0.5% after cutting it twice this year, saying that nation's economy rebounded as predicted in July. Household spending continued to support economic activity and is projected to increase at a moderate pace. Non-resource sectors benefitted from the stimulative[​IMG]

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