Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appearing before the Standing Senate Committee on Banking, Commerce and the Economy.
Earlier:
- Bank of Canada Governor Macklem expects core inflation to continue to ease gradually
- Bank of Canada Governor Macklem – cut in rates a signal we are on track to 2% inflation
Rogers now:
- We are not seeing a high level of stress in the mortgage market
- Data is not telling
us so far that we have a mortgage crisis
This article was written by Eamonn Sheridan at www.forexlive.com. Source