Analysts' Comments on Effect of C$/U$ & Interest Rates on Banks

Financial Post, Jonathan Ratner, 27 June 2007Given the Bank of Canada�s indication that it feels both inflation and economic growth have been stronger than expected, Citigroup analyst Shannon Cowherd thinks the bank will likely raise interest rates by 25 basis points eventually.Its next interest rate decision is on July 10, while the key rate is currently 4.25%.Higher short-term rates would