UPDATE 1-Bank of Canada: Oil price shock alone would have warranted big rate cut
Even had the coronavirus
outbreak not occurred, the Bank of Canada would still have
slashed interest rates to help compensate for the collapsing
price of oil, Governor Stephen Poloz said on Thursday.
outbreak not occurred, the Bank of Canada would still have
slashed interest rates to help compensate for the collapsing
price of oil, Governor Stephen Poloz said on Thursday.
Posted by Reuters
