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BoC Keeps Key Rate At 0.5% Amid Weaker Global Growth

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Canada maintained its key interest rate at 0.5%, saying the Canadian economy continues to adjust to the oil price shock. The central bank admitted that GDP growth in the first quarter appeared to have been unexpectedly robust, but some of that strength was due to temporary factors[​IMG]

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