Quelle: zerohedge.com
Quote:
BARRIE MCKENNA, OTTAWA — The Globe and Mail - Last updated Wednesday, Jul. 15, 2015 7:04PM EDT
Stephen Poloz is refusing to call it a recession, but the Bank of Canada Governor says the country needs another jolt of interest rate relief as the economy shrinks and exports stall.
The central bank lowered its trend-setting overnight rate a quarter percentage point Wednesday to 0.50 per cent – the second rate cut in six months that sent the Canadian dollar tumbling and prompted at least one major bank to lower borrowing rates..
The central bank lowered its trend-setting overnight rate a quarter percentage point Wednesday to 0.50 per cent – the second rate cut in six months that sent the Canadian dollar tumbling and prompted at least one major bank to lower borrowing rates..
Link: http://www.theglobeandmail.com/report-on-business/economy/interest-rates/bank-of-canada-rate-announcement/article25514585/
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