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Blogging on real estate and life in Metro Vancouver.

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Bank of Canada Leaves Interest Rates Unchanged

The Bank of Canada announced yesterday that they would not raise interest rates as had been widely expected earlier in the summer. Generally siting uncertainty in a number of areas of the U.S. economy as well as possible upsides downides on the inflation "the Bank judges that the current level of the target for the overnight rate is appropriate".

 See the press release here.

 

Posted: Thursday, September 06, 2007 9:33 AM by Matt Collinge

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