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Bank of Canada Maintained the Overnight Rate at 0.5%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 20, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    It was a close call on whether or not the Bank of Canada would act at its rate setting meeting today, and policymakers decided to maintain the overnight rate at 0.5%. The statement highlighted that growth in Canada fell short of expectations in the final quarter of 2015 due to[​IMG]

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