There were repurcussions: The US Fed raised the Bank rate
by a modest .25 points yesterday, but did indicate it expected
a further such raise down the road. This morning we find that
the Bank of England has raised its rate by .50 to 4%. and that
the Eurozone rate was also up .50 to 3% with an expected further
.50 raise next month.
* * *
Where things stand for a Canadian traveller this morning:
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