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BOC's Wilkins: Neutral interest rate has declined

Discussion in 'Fundamental Analysis' started by ForexLive, May 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Bank of Canada Senior Deputy Governor Carolyn Wilkins in Montreal: - Says BOC neutral rate lower than it was years ago - Estimates neutral rate is between 2.75% and 3.75% The Toronto housing market would collapse if BOC rates ever rose to 3%. Canada is levered up to the final dollar.

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