21 December 2012
21 December 2012
IMF suggests that Canada should not raise rates till late 2013
| According to the International Monetary Fund (IMF), the Bank of Canada should not raise interest rates until late 2013 in order to give the domestic economy time for returning to full capacity. “It’s necessary to delay the monetary tightening cycle until Canada shows better economic growth results,” – the IMF noted in its recent report, published on Wednesday… Read more |