UPDATE 2-Financial vulnerabilities could undermine effect of rate cuts – Bank of Canada
Financial vulnerabilities like
high household debt could undermine central bank efforts to keep
inflation in check, since they potentially limit the
effectiveness of rate cuts, a top Bank of Canada official said
on Thursday.
high household debt could undermine central bank efforts to keep
inflation in check, since they potentially limit the
effectiveness of rate cuts, a top Bank of Canada official said
on Thursday.
Posted by Reuters
