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Bank Of Canada announcement!

Bank of Canada Interest Rate Announcement:

On December 4, 2019, the Bank of Canada held its overnight rate at 1.75 per cent this morning!

Reason: The Bank noted that there is evidence that the global economy is stabilizing and that US recession concerns are waning, though trade conflicts remain the biggest threat to the Canadian economy. Furthermore, the Bank expects modest growth in 2020 and for inflation to closely track its 2 per cent target.
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