Bank of Canada signalling a close to historical low interest rates
April 20th, 2010
OTTAWA — The Bank of Canada signalled Tuesday it is about to bring its era of record-low interest rates to a close.
By Paul Vieira, Financial Post, April 20, 2010In a decision that sent the Canadian dollar soaring more than 1.5 cents U.S., the bank ditched its conditional pledge to keep rates at 0.25 per cent until July, saying the recovery was proceeding more rapidly than expected, housin ...
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