Bank of Canada Raises Key Interest Rate, Benchmark Lending Rate and Global Stability
In a tentative and qualified move, the Bank of Canada increased its benchmark lending rate on Tuesday for the first time since July 2007. The increase reflected growing concerns about inflation related to Canada’s booming real estate market and strong economic growth. But the relatively small size of the rate increase, one quarter of a [...]
Tags: Bank of Canada, Benchmark Lending, capital markets, cash rate, Financial, fixed rate, Global Stability, interest rate, lending rate, Raises Key, Real Estate
Posted September 22, 2010 by ][-NooM-][ under Benchmark Lending, More Real Estate
