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BoC Has Room To Maneuver As Poloz Hints At Possibility Of Negative Interest Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 9, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Bank of Canada Stephen Poloz said the economy does not need unconventional policies such as QE to boost growth, with a weaker local Dollar and recent rate cuts supporting the recovery. So far this year the central bank has lowered its benchmark interest rate two times, bringing it to 0.5%.[​IMG]

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