C.D. Howe urges central bank to lower interest rates
Institute looking for an overnight rate of 4%
- By: Regan Ray
- January 17, 2008 January 17, 2008
- 15:06
Institute looking for an overnight rate of 4%
Interest rate differential between Canada and the U.S. widened in November
Jobless claims decline
U.S. markets fall back after afternoon rally
But risk of domestic recession low
Outlook warns to keep an eye out for sudden drop in employment
Asset allocation switches to cash
Investment managers divided on prospects for energy and materials sectors
J.P. Morgan net drops 34%
TSX sheds 381 points
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U.S. markets tumble on writedown fears
Canada should increase linkages with Brazil, Russia, India and China
Canadian, U.S. central banks to cut interest rates by 75 to 100 bps
U.S. trade deficit widens