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Bank of Canada lays the groundwork for negative rates

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 8, 2015.

  1. ForexLive

    ForexLive Forum Member

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    When the Bank of Canada lowered rates to +0.25% during the financial crisis, Governor Mark Carney believed it was the lower bound. As conditions worsened, he turned to forward guidance as a way to push rates lower and stimulate the economy.

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