Dollar declines on news of job losses
Article Abstract:
The Bank of Canada may reduce interest rates in July if economic conditions in North America continue to deteriorate. The country's unemployment rate reached 7.8% in May compared with 7.5% in April 2003.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Forecasts, trends, outlooks, Unemployment, Labor Distribution by Employer, Statistics, Economic conditions, Industry forecasts
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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Central bank trims key rate
Article Abstract:
The Bank of Canada has lowered interest rates by one-quarter of a percentage point. Interest rates are now at 2.75%. The bank said that this would be last reduction made for the foresseable future.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Powers and duties
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Canada, Finance, Interest rates, Company financing, Canada. Bank of Canada
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