Bank of Canada Cuts key lending rate..
3. March 2009 by Dan Walkow, CFA, CMT.
OTTAWA - The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3/4 per cent
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Europe Tested
2. March 2009 by Dan Walkow, CFA, CMT.
Growing financial tensions among Eastern Eurpoean countries gives rise to the stability of the Euro over time.
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