Loonie will likely be a very influential factor in future policy moves
Inflation expected to remain above central bank's target until 2009
Prospect of higher inflation prompts support for increase to 4.5%
ECB leaves rates unchanged
Lingering concern that inflation will remain under control
Canadian rates to climb, U.S rates to fall
Inflationary pressures remain the key concern for most central banks
Central bank not done yet on the rate hike front
Fears of worse inflation remain
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4.25%. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 4.5%.The Canadian dollar jumped above the US93¢ level after the central bank signalled that inflation pressures may lead to higher interest rates […]