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Australian rate rises may slow
14 hours ago ago from FT.com | Money Supply
Glenn Stevens said on Tuesday that the central bank will take rising Australian mortgage rates into account when it sets monetary policy. The governor of the Reserve Bank of Australia also said a level for Australian interest rates may be lower than previously forecast with widening margins between benchmark and mortgage rates. Several major Australian banks raised mortgage rates above the recent 25bp benchmark rate rise. Kevin Rudd, ...
Related contentEconomists say BOC could raise interest rates by one per cent in mid-2010 | Pink Sheet Blog
14 hours ago ago from Pink Sheet Blog
By Sunny Freeman, The Canadian Press TORONTO The Bank of Canada repeated its pledge Tuesday to keep interest rates at historic lows until the middle of next year to stimulate growth and a sense of stability in the midst of an unsteady economic recovery. But many economists are predicting rate hikes as much as a full percentage point or more later next year, and say the bank's commitment to keep its key overnight rate at 0.25 per cent creates ...
Related contentHome rates to hit 8.5%-Good for Carry Trades|Zincip.biz
21 hours ago ago from Zincip.biz | Investing With Knowledge
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Related contentEconomists say BOC could raise interest rates by one per cent in mid-2010 | OTC Stocks
7 hours ago ago from OTC Stocks
By Sunny Freeman, The Canadian Press TORONTO The Bank of Canada repeated its pledge Tuesday to keep interest rates at historic lows until the middle of next year to stimulate growth and a sense of stability in the midst of an unsteady economic recovery. But many economists are predicting rate hikes as much as a full percentage point or more later next year, and say the bank's commitment to keep its key overnight rate at 0.25 per ...
Related contentEconomists say BOC could raise interest rates by one per cent in mid-2010
14 hours ago ago from Investor Central
By Sunny Freeman, The Canadian Press TORONTO The Bank of Canada repeated its pledge Tuesday to keep interest rates at historic lows until the middle of next year to stimulate growth and a sense of stability in the midst of an unsteady economic recovery. But many economists are predicting rate hikes as much as a full percentage point or more later next year, and say the bank's commitment to keep its key overnight rate at 0.25 per cent creates ...
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Canada's central bank leaves key rate unchanged
22 hours ago ago from FanHouse
TORONTO -Canada's central bank is holding its key interest rate at a record low 0.25 percent and is reiterating its expectation that it will keep the rate there until the middle of next year. The Bank of Canada said Tuesday that while significant fragility remains, global economic developments have been slightly more positive and the global outlook has improved modestly from the bank's expectation in October. The rate decision was expected. ...
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