The Canadian Press

2015-09-09 | BoC Interest Rate

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The Bank of Canada is expected to keep its key interest rate on hold Wednesday following a string of better-than-expected economic data. But Benjamin Tal, deputy chief economist at CIBC World Markets, says he'll be watching to see what the central bank highlights in its rate announcement to see what's in store for the future. (Oil prices are lower than the Bank of Canada forecast in its July monetary policy report and Chinese economic weakness is expected to hurt commodity prices.)

Date: 2015-09-09
Placeline: OTTAWA.
Source: The Canadian Press
Length: 18 seconds

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