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    • No Surprises From the Bank of Canada
    • 11SEP
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      No Surprises From the Bank of Canada

      No Surprises From the Bank of Canada

      As expected, the Bank of Canada refrained from cutting interest rates at today’s policy meeting. The recent economic news has shown a marked improvement, precluding the Bank from following on the previous two rate cuts this year. The key policy overnight rate is only 50 basis points (one-half of one percentage points) and another 25 basis

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