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News : Business

Is the Bank of Canada on hold for 2016?

By Bloomberg
07 Mar 2016   |   8:34 am   |   3m 26s
The Bank of Canada may not be done with interest-rate cuts just yet. Seven of 19 economists in a Bloomberg survey predict the central bank will lower borrowing costs at some point in 2016, with the rest forecasting it will stay on the sidelines. The next decision is March 9. Pamela Ritchie speaks with Bloomberg's Bureau Chief in Ottawa, Theophilos Argitis for the details.


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