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CP15141157 | Bank of Canada deputy governor Timothy Lane talks about the idea of an 'insurance' rate cut
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Vaughan
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Canada
Newsroom Ready: Bank of Canada deputy governor Timothy Lane talks about the idea of an 'insurance' rate cut
Bank of Canada deputy governor Timothy Lane says the Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China. Lane made the comments a day after the Bank of Canada announced it would keep its key interest rate target on hold at 1.75 per cent, where it has been set since October last year. The Bank of Canada has stood out from many of its international peers who have moved to cut rates and loosen monetary policy in response to weakness in the global economy.
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Information
Source name:
The Canadian Press
Unique identifier:
CP15141108
Legacy Identifier:
r_BoC-Lane-Speech20191205T1200
Type:
Video
Duration:
50s
Dimensions:
1920px × 1080px 62.42 MB
Create Date:
12/5/2019 12:00:00 PM
Display aspect ratio:
16:9
Tags
Bank of Canada
deputy governor
economy
finance
HOUSING
inflation
outlook
Timothy Lane
trade