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Chetwynd The Echo in Chetwynd, British Columbia

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Newspaper

Chetwynd The Echo

Location

Chetwynd, British Columbia, Canada

Date

Nov 09, 1983

Page

7

Bank of Canada keeps rate near nine and a half percent

The Bank of Canada left the key bank rate at 9.48 percent, down marginally from 9.49. Traders expect little change in lending levels as the US economy’s recovery remains uncertain. A forthcoming batch of US indicators could push rates up or down depending on growth or slump. The rate, set above 90 day treasury yields, signals broader lending directions.

Ottawa Bank of Canada United States Canada Federal Treasury

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