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Rate Bias

The direction which the Bank of Canada indicates (or hints) that it is inclined to move its key interest rate.

The Bank’s rate bias may be up or down. Or there may be no bias at all.

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Last modified: May 31, 2013

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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