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BoC Announces Rates on Thursday

Bank-of-Canada The Bank of Canada’s next interest rate announcement is this Thursday.

Action Economics expects “the BoC to maintain the 0.25% rate floor and reiterate the conditional commitment to keep the floor intact through June of 2010.”

Bloomberg’s survey of 21 noted economists backs that up.  Every economist who was polled forecasts no change to the BoC’s 0.25% target rate.