Bank of Canada Optimistic: Benchmark Rate Raised .25%
July 31st, 2010Back to the land of economic news... The Bank of Canada just raised the benchmark rate by .25%. There is a full article below on what this means, but my favorite quote is this: “The Bank now expects the economy to return to full capacity at the end of 2011, two quarters later then had been anticipated in April.”
Ok, so two quarters lat ...