News Column

Canadian Press NewsAlert: BoC keeping overnight interest rate steady at 1%

July 16, 2014

The Canadian Press

OTTAWA - The Bank of Canada is keeping its trendsetting overnight interest rate at one per cent.

In a new economic forecast, the central bank says Canada's economy will grow by 2.2 per cent in 2014 compared with an earlier forecast for 2.3 per cent.

More coming.

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Source: Canadian Press DataFile

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