THE DAVISVILLE & LEASIDE INSIDER

THE DAVISVILLE & LEASIDE INSIDER

Tuesday, October 19, 2010

Central bank expected to keep interest rate at one per cent

TORONTO, Ont. - The Bank of Canada is widely expected to hold the line on interest rates when it makes its latest monetary policy decision on Tuesday.

Bank of Canada Governor Mark Carney has been warning about the dangers of taking on too much consumer debt, and all things being equal, he would be leaning toward raising interest rates again to keep Canadians safe from a debt burden.

Source: 680News staff
Oct 18, 2010 10:37:47 AM


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