Following the Bank of Canada’s decision to leave its monetary policy rate unchanged at 0.25% as expected, Governor Tiff Macklem and Senior Lieutenant Governor Carolyn A. Wilkins are making their comments on policy perspectives at a press conference.
Key Comments:
“Negative interest rates would be disruptive at the present time“.
“The bar for negative rates would be very high.”
“Negative rates are in the toolbox, but we are not currently discussing them“.
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Credits: Forex Street
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