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BoC Keeps Key Rate On Hold At 0.5%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Canada kept its key interest rate on hold at 0.5%. The central bank said that risks to inflation remained roughly balanced, despite a renewed decline in oil prices and sluggish economic growth. The BoC expects inflation to climb to 2% by early 2017, while core inflation would[​IMG]

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