Tuesday, March 4, 2008
Only the Best Customers Getting Rate Deals on Loans
The Globe and Mail, Tara Perkins, Boyd Erman, Kevin Carmichael, 4 March 2008The rate-cutting spree by Mark Carney and Ben Bernanke isn't doing much to help Canadian consumers and corporations because banks fighting higher borrowing costs of their own are keeping the cost of money high no matter how much policy makers slash.Despite the rash of interest rate reductions by Mr. Carney at the Bank of
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