THE DAVISVILLE & LEASIDE INSIDER

THE DAVISVILLE & LEASIDE INSIDER

Tuesday, May 24, 2011

Bank of Canada’s Mark Carney in no rush to hike interest rates

Carney holds the line

Bank of Canada Governor Mark Carney held his benchmark lending rate steady at 1 per cent today, citing a faster-than-expected recovery but one with risks ahead. All in all, the chance of an early interest rate hike now looks less likely.

Source:Michael Babad | Columnist profile | E-mail
Globe and Mail Update
Published Tuesday, Mar. 01, 2011 6:48AM EST
Last updated Wednesday, Mar. 02, 2011 2:55PM EST


Click here to read more...

No comments:

Post a Comment