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Bank of Canada releases Monetary Policy Report Update

OTTAWA, Ontario, January 24, 2008 — The Bank of Canada today released its January Monetary Policy Report Update. In this Update, the Bank said that the Canadian economy continues to operate above its production capacity, despite some slowing in growth in the fourth quarter of 2007. Both total and core inflation have been lower than projected in the October Monetary Policy Report, largely …

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Source: CanEquity Mortgage News

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