UPDATE 3-Bank of Canada drops key rate to decade low, to buy debt assets
The Bank of Canada
slashed its key interest rate for the third time this month to
its lowest level in a decade and launched what observers called
its first ever quantititative easing program, saying it would
buy government and commercial debt.
slashed its key interest rate for the third time this month to
its lowest level in a decade and launched what observers called
its first ever quantititative easing program, saying it would
buy government and commercial debt.
Posted by Reuters
