Carney Keeps 1% Rate and Tightening Bias in Last Policy Decision

Bank of Canada Governor Mark Carney kept the main interest rate unchanged in his final announcement and reiterated tighter policy may be needed after “a period of time” as the economic expansion progresses. The benchmark rate on overnight loans between commercial banks remained at 1 percent for t…

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Carney Keeps 1% Rate and Tightening Bias in Last Policy Decision

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