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BANK RATES

Bank of Canada maintains interest rate and says inflation target of 2 % on track for third quarter 2011.  Their Oct. prediction for inflation to hit 2% being 3rd quarter 2011 might indicate that rates could remain steady without any upward adjustments thru 2010.  As the Canadian Real Estate Association's Chief Economist stated , " repeating its concern voiced in October, ...
Posted by Ray Brownlee on December 10, 2009
Tags: Bank of Canada , inflation target, strong canadian dollar
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