BOC INTEREST RATE DECISION

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BoC Stands Pat

OTTAWA — The Bank of Canada kept its key interest rate on hold at 0.5 per cent on Wednesday and said the country's resource sector continues to adjust to lower prices for oil and other commodities. "T...
CP

Uh Oh: BoC Lowers Forecast

OTTAWA - Bank of Canada governor Stephen Poloz says he has not ruled out a future cut to interest rates despite evidence disinflationary pressures appear to be waning and his belief that the global an...
CP

BoC Issues Very Gloomy Forecast

OTTAWA - The Bank of Canada has pointedly dropped its warning about the potential for higher interest rates, triggering a sell-off in Canadian dollars that pushed the loonie almost one cent lower Wedn...
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No Movement, And Don't Expect Any

OTTAWA - The Bank of Canada is holding its main interest rate at one per cent, where it has been since September 2010.Economists widely expect the central bank to hold its trendsetting rate steady wel...