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BOC rate to hold at 1% well into 2011: analyst

<br><br>Canada’s central bank raised its key interest rate on Wednesday for the third time in as many months. Though it is unlikely to do so again for some time, argues Michael Taylor.<br><br>

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Canada’s central bank raised its key interest rate on Wednesday for the third time in as many months. Though it is unlikely to do so again for some time, argues Michael Taylor.