Wilkins uses different words to restate that the Bank of Canada isn’t touching rates anytime soon

Wilkins uses different words to restate that the Bank of Canada isn’t touching rates anytime soon

November 20, 2019

“While the speech by Senior Deputy Governor Carolyn Wilkins was enough to unsettle the loonie, which lost about 0.3 per cent after it (was) released, it in no way signalled that Canada’s central bank is actively considering lower interest rates in the near future,” Don Curren, a market strategist at Cambridge Global Payments, advised the firm’s clients in an email.

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