16 May 2011

Meanwhile, Mark Carney said it has already happened in March and it will stay like this for a certain period of time. The bank always tries to keep the inflation between 1% and 3%.
In Carney’s opinion, today’s economic situation generally coincides with the bank’s April forecast.  
It’s interesting to know that Bank of Canada was the first in the Group of Seven to start raising interest rates last year by a total of 0.75%.

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