Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Financial News

Canada's Central Bank Raised Benchmark Interest Rate

Wednesday, September 8, 2010 - 12:18 PM
From Bloomberg via BusinessWeek:
Canada’s dollar strengthened after the central bank raised benchmark interest rates for the third time in less than four months and signaled it may increase them again this year as the nation’s economy continues to grow.

Hopefully, the economic growth and a willingness to raise rates will rub off on the U.S.
2
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,688
Reply