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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (71394)2/17/2008 12:29:03 PM
From: elmatador  Respond to of 116555
 
50 basis-point cut by the Bank of Canada next month. Canada needs to weaken CAD to save industry.

Canadian Finance Minister Jim Flaherty said yesterday in Toronto he's ``worried'' about the economy in Ontario, the country's biggest province and industrial heartland. Federal Reserve Chairman Ben S. Bernanke on Feb. 14 signaled more cuts in U.S. interest rates are likely, and his predecessor, Alan Greenspan, said the U.S. economy is at ``stall speed.


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