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Dodge expected to cut bank rate 25 basis points

Article Abstract:

The Bank of Canada, which is expected to reduce interest rates by a quarter of a percentage point, may make further interest rate cuts in response to en economic slowdown in the United States. Industry analysts said that BOC may cut rates 25 basis points immediately and 50 basis points in the future if the economies of Canada and the U.S. continue to falter.

Author: Stinson, Marian
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Interest Rates, Brief Article

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Thiessen raises spectre of further rate hikes

Article Abstract:

Gordon Thiessen, the Governor of the Bank of Canada, has said that interest rates may be raised to address Canada's growing economy. The central bank's strategy, which may put pressure on inflation, has included three interest rate hikes over the last year.

Author: McCarthy, Shawn
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000

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Central bank to start rate policy Dec. 5

Article Abstract:

A new method for reporting changes in interest rates will be implemented by the Bank of Canada. The change, which will go into effect on December 5, 2000, will result in a more systematic policy of announcements.

Author: Stinson, Marian
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000

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Subjects list: Banking industry, Commercial banks, Canada, Finance, Interest rates, Canada. Bank of Canada, Management
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