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Home : Home Mortgage Loan : Fixed Rate Mortgage : News Articles : Central bank holds its firepower

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Central bank holds its firepower

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This article related to: FP5 Central Banking Financial Services Sector S. Federal Reserve Ben Bernanke Derek Holt Tim Hockey National a01 Business Commodity Markets Financial Markets Public Finance Recessions and Depressions, Ottawa Jacqueline Thorpe fp Bank of Canada Canada United States Flaherty optimistic

While all about have been losing their heads, the Bank of Canada seemed determined to keep its yesterday. The central bank cut its benchmark lending rate by a quarter of a percentage point to 2.25%, forgoing the more forceful half-point cut many Bay Street economists had ...

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