Wednesday, October 8, 2008

Harper's disclosure of central bank plans 'unusual'

RBC Capital Markets, the investment banking arm of Royal Bank of Canada, also neither admitted or denied wrongdoing. THE BANK OF CANADA CUT ITS KEY INTEREST RATE BY 50 BASIS POINTS TODAY, PUTTING IT AT 2.5 %. This morning the Fed, ECB, Bank of England, Bank of Canada, and Sweden's Riksbank all cut rates by 50 basis points. The Bank of Canada's overnight rate is currently 3 per cent. Mr.

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