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  • Reason Why the Bank of Canada will keep interest rates low

    Reasons why the Bank of Canada will keep interest rates lowThe Bank of Canada announced on September 3rd, 2014 that it was holding its trend-setting overnight lending rate at 1 per cent.The overnight rate has not moved in four years. It’s likely that it will remain where it is for some time yet. Why?1) Inflation is on target -- ...
    Posted to Kang Kim (Weblog) by 545376 on September 6, 2014