Mortgage News
Economy hotter than estimated, Bank of Canada says
<br><br>Growth spurred by ‘vigorous domestic spending,' recovery in exports<br><br> The Bank of Canada kept its benchmark lending rate at a historic low 0.25 per cent Tuesday, while hinting that policy makers are on closer guard for shifts in the inflation outlook that might force them to rethink their pledge to stay on hold through midyear.<br>
Published
Growth spurred by ‘vigorous domestic spending,' recovery in exports
The Bank of Canada kept its benchmark lending rate at a historic low 0.25 per cent Tuesday, while hinting that policy makers are on closer guard for shifts in the inflation outlook that might force them to rethink their pledge to stay on hold through midyear.