Central bank warns on rising debt
Central bank warns on rising debt: ”
The Bank of Canada warned Thursday that growing household debt is now the biggest risk to the country’s financial system, and repeated a plea for borrowers and lenders to remember that the current era of superlow interest rates won’t last.
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(Via BNN News Stories.)
Posted at 11:26 am on December 10, 2009 | leave a comment | Filed Under: | re index, | thoughts on | read on
BoE leaves rates unchanged
BoE leaves rates unchanged: ”
The Bank of England left its asset purchase programme intact at 200 billion pounds ($325 billion US) and held interest rates at 0.5 percent on Thursday, as widely expected.
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(Via BNN News Stories.)
