Interest rates to remain steady through 2009: Bank of Canada (AFP via Yahoo! News)

Story date: 2007-10-18 12:34:33
Added on: 2007-10-18 16:00:16

The Bank of Canada will likely keep its key interest rate at 4.50 percent to the end of 2009, it said Thursday, fearing a "more pronounced and protracted slowdown" in US domestic demand, and a slowing of the global economy.


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