Sun

TORONTO — Economic growth this year will disappoint the Bank of Canada and prompt a further reduction in short-term interest rates, CIBC World Markets economist Jeff Rubin predicted Thursday. His statement follows by one day predictions from the merchant bank J.P. Morgan and Toronto-Dominion that the central bank will begin raising rates because of a rising economy here and in the United States.

© The Vancouver Sun 2004

This entry was posted on Friday, April 23rd, 2004 at 12:00 pm and is filed under Other News Articles. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.