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Many factors behind rate decisions: Bank of Canada

Thu Mar 13, 2008 2:28pm EDT

TORONTO, March 13 (Reuters) - Current financial conditions are an key factor in setting interest rates but not the only factor, Bank of Canada Governor Mark Carney said on Thursday

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"Financial conditions are an important consideration for our decision but they are not the only consideration for the decision," Carney told reporters after a speech in Toronto.

"In the end this is about the real economy, its about the impact of financial conditions on the real economy." (Reporting by John McCrank, Writing by Frank Pingue; Editing by Peter Galloway)

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