BOC leaves Interest Rate alone – For now

Posted on March 3, 2010

interest ratesThe Bank of Canada kept it’s key interest rate unchanged today @ 0.25%.  Interest rates have been held at that rate since April 2009, four per cent lower than they were back in January 2008. The last time the central bank raised the overnight rate was July 2007.

The next BoC rate meeting is April 20.

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