Bank of Canada Raises Overnight Rate  OTTAWA (Reuters) - The Bank of Canada raised its overnight  interest rate a quarter percentage point on Tuesday to 2.50  percent as expected, and made clear it would keep raising rates  even as it lowered its forecast for Canadian growth.
Greenspan: Economy Regaining Traction (Reuters) Reuters - The U.S. economy has escaped a\recent soft patch and seems to be picking up steam, Federal\Reserve chief Alan Greenspan said on Wednesday in remarks\economists saw as cementing a September rate rise.