June 10th, 2008
Good Morning,
The Bank of Canada left the overnight rate unchanged - which caught 1/2 of the market off guard.
There has recently been a divide between the economist camps, with 1/2 of the economists suggesting that the Bank of Canada should leave the overnight rate as is, and the other 1/2 expecting a .25% drop.
The reason for the Bank of Canada leaving the rate unchanged ...