HALISTER1: CANADA ECO PREVIEW: Bank of Canada Rate Decision Due in 5 Mins

CANADA ECO PREVIEW: Bank of Canada Rate Decision Due in 5 Mins

(Bloomberg) -- Bank of Canada seen lifting overnight lending rate to 0.75% from 0.50% (forecast range 0.5%-0.75%).
  • Would be first rate action since quarter-point cut to 0.50% on July 15, 2015
  • See also:
    • Poloz Rate Hike No Threat to Consumer Debt
    • Outlook Underscores the Need for Rate Hike: BI

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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