EFTA Document EFTA01458565

2 October 2015 Global Economic Perspectives: A hard landing in China? Dollar bloc Canada As expected by 15 out of 29 analysts surveyed by Bloomberg Finance LP and not by DB, the Bank of Canada announced that it was cutting its target for the overnight rate from 0.25% to 0.5%, its lowest point since June of 2010. Given the improving domestic and external outlook and the Bets relatively dovish policy stance year to date, we expect that it will remain on hold well into next year and don't