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To: Rarebird who wrote (64962)3/6/2001 11:43:58 AM
From: Zardoz  Read Replies (1) | Respond to of 116753
 
Bank of Canada lowers Bank Rate to 5 1/4 per cent

Since 23 January, the Bank's last fixed announcement date, there have been indications that the slowdown in the U.S. economy in the first half of 2001 could be more pronounced than expected, and there is a risk that weakening confidence could delay the U.S. recovery.

bankofcanada.ca