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Placeline/People
City Vaughan
Country Canada

Stephen Poloz 'confident' in second-half growth as key rate cut

The Bank of Canada's governor says a "disappointing" global economy has led it to slash its economic outlook and cut the key interest rate to 0.5 per cent. But Stephen Poloz says growth should resume in the second half of 2015. 
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Source name: 
The Canadian Press
Unique identifier: CP14630962 
Legacy Identifier: n_BoC-Interest-Rate20150715T1430 
Type: Video 
Duration: 2m7s 
Dimensions: 1920px × 1080px     126.85 MB 
Create Date: 7/15/2015 2:30:00 PM 
Display aspect ratio: 16:9 
Tags
0.5 per cent
0.5%
Bank of Canada
Bank of Canada governor
BoC governor
Canada economy
Canada's central bank
canadian exports
central bank
economic downgrade
economic outlook
export numbers
key interest rate
key rate cut
resource economy
Stephen Poloz
U.S. economy