The rate is now 1.50%. This is the lowest rate since 1958. The USD/CAD has gotten a boost off of the larger than expected cut (USD/CAD is trading above 1.2700). Comments from the BOC are outlined below: LENDING RESPONDING TO BANK’S LIQUIDITY MEASURES WORLD ECONOMY OUTLOOK DETERIORATED SIGNIFICANTLY CORE INFLATION MAY BE SLOWER THAN FORECAST WEAKER CURRENCY TO OFFSET ...