Bank of Canada Remains on Hold

As widely expected, the Bank of Canada held the target for the overnight rate at 0.25%, and reiterated its commitment to keep rates at their effective lower bound through the second quarter of 2010. The Bank of Canada’s decision is consistent with the significant amount of slack accumulated over the…

more from source

This entry was posted on Tuesday, January 19th, 2010 at 10:07 pm and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.