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Scotiabank’s Warren Jestin: Slowdown in US, Canada will lead to more ‘cautious’ Bank of Canada |
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Friday, 03 September 2010 |
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Bank of Nova Scotia’s chief economist scaled back his growth forecasts for Canada and the United States, due to “sagging” consumer confidence and spending — leading a more “cautious” Bank of Canada to keep its key lending rate from exceeding past 1.75% next year. |
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