Don’t depend on interest rates to shore up economy: BoC
The Bank of Canada’s trend-setting interest rate shouldn’t be responsible for shoring up the country’s financial system, said Deputy Bank Governor Timothy Lane in a speech delivered today. In that speech, he asks: “Should a central bank’s decisions on monetary policy account for the stability of the financial system? If so, how? We at the Bank of Canada are grappling with […]
- February 8, 2016 September 13, 2019
- 14:47