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.
Forex – financial instrument.Forex news
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.