BoC widely ex­pected to end year at 1pc in­ter­est rate

The Pak Banker - - Front Page -

TORONTO: Bank of Canada (BoC) gover­nor Mark Car­ney takes cen­tre stage this week with his last in­ter­est rate an­nounce­ment, but given the per­sis­tent eco­nomic un­cer­tainty it's widely ex­pected he'll leave the bank's in­flu­en­tial pol­icy rate un­touched at one per cent. "The bank will be in ab­so­lutely no rush to raise rates," Dou­glas Porter, deputy chief econ­o­mist at the Bank of Mon­treal said. -PB News

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