Appearance by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers at House of Commons Standing Committee on Finance
from 1930 GMT, 1530 Eastern time
The Bank of Canada cut rates last week:
Bank of Canada rate decision: 50 basis point cut, as expectedBank of Canada is out of touch, “didn’t grasp the challenges facing the Canadian economy”3 reasons the Bank of Canada cut by 50bp points (ditto for the RBNZ)RBC analysts anticipate another 50bp rate cut in December from the Bank of Canada
This article was written by Eamonn Sheridan at www.forexlive.com.
