Interest rates: how low could we go?
It was what it didn’t say that mattered most. Last month’s Bank of Canada statement cast Canada’s short-term prospects for growth in doubt while leaving rates untouched.
- November 12, 2013 September 13, 2019
- 09:33
It was what it didn’t say that mattered most. Last month’s Bank of Canada statement cast Canada’s short-term prospects for growth in doubt while leaving rates untouched.
It looked as if the long wait for higher interest rates was finally over back in May. That’s when U.S. Federal Reserve Chief, Ben Bernanke, made comments heard by bond investors around the world: he hinted the Fed had imminent plans to slow down or “taper” its historic bond buying program.