Bank of Canada Raises Key Interest Rate
July 20th, 2010
BANK OF CANADA RAISES KEY INTEREST RATE TO 0.75 PER CENT(By Paul Vieira, Financial Post, July 20, 2010)OTTAWA - The Bank of Canada raised its benchmark policy rate Tuesday by 25 base points to 0.75 per cent, even though it scaled back its growth outlook on the belief budget cutting among households and governments in advanced economies is expected to "temper" the pace of the global recovery.G ...
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