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 expected
- Bank 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.
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