Bank of Canada Governor Macklem says beginning to see the impact of recent rate cuts

Macklem is speaking in parliament. Earlier:

• BOC’s Macklem: We anticipate cutting further if economy follows our forecasts

Says now that he is beginning to see some impact of recent rate cuts. Like I said above, maybe seeing what he wants to see. And also maybe saying what the pollies want to hear.

For more on CAD Adam spoke with BNNBloomberg on the Bank of Canada and the loonie earlier. Watch it here.

This article was written by Eamonn Sheridan at www.forexlive.com. Source