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Bank of Canada deputy governor Timothy Lane talks about the idea of an 'insurance' rate cut
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Placeline/People
City Vaughan
Country 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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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