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Bank of Canadas surprise rate cut cements a weak Loonie in 2015

2015-01-21 17:23:34| Canadian Plastics Headlines

In what it calls insurance against the potentially destructive effects of the oil price collapse, the Bank of Canada (BoC) has announced a surprise quarter-percentage-point cut to its key interest rate. In its latest monetary policy forecast, the BoC cut… The post Bank of Canada’s surprise rate cut cements a weak Loonie in 2015 appeared first on Canadian Plastics.

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