Pages

Thursday, May 19, 2011

Interest rate adjustment is not nece11ary Canada Central Bank or does not imply that raise rates

the media Thursday (19th) invoked Canada's Central Bank (BOC) Governor Kearney (Mark Carney) said in a letter, Kearney did not consider it necessary as adjusting interest rates as last year.

the media said that Kearney may not advance resolution implied interest rate, he hoped that the market is expected to be able to interest rate changes direction.

Canada in April 2010, the Central Bank warned may raise rates, at the meeting, at Kearney have abandoned in the second quarter to keep the benchmark interest rate at the level 0.25% unchanged commitment. Then on the income of the Bank in June announced in the meeting raise rates by 25 basis points.

Canada's Central Bank has 5 times in a row to benchmark interest rates unchanged in 1%, most recently in April 12. Resolution on the recent interest rate will be announced on May 31, but analysts expect Canada's Central Bank will leave interest rates unchanged again.

the media also claimed that Kearney says Canada Bank the most basic cases include raise rates in the next two years. Kearney also believed that United States tightening of monetary policy is still a long time actually.