News: Bank of Canada senior deputy governor says timing of coronavirus outbreak is not great

  1. 115,667 Posts.
    lightbulb Created with Sketch. 1375

    Feb 5 (Reuters) -

    • BANK OF CANADA SENIOR DEPUTY GOVERNOR CAROLYN WILKINS SAYS OUTBREAKS LIKE CORONAVIRUS CAN AFFECT CANADA; CITES LOWER OIL PRICES, LESS TRAVEL
    • BOC'S WILKINS SAYS THERE IS NEVER A GOOD TIME TO HAVE AN OUTBREAK LIKE THIS BUT TIMING OF THIS CORONAVIRUS OUTBREAK IS NOT GREAT
    • BOC'S WILKINS SAYS BANK WILL LOOK AT THE BUSINESS AND CONSUMER CONFIDENCE DATA AND WHAT IT MEANS FOR GROWTH AND INFLATION TARGET IN LIGHT OF OUTBREAK
    • BANK OF CANADA SENIOR DEPUTY GOVERNOR CAROLYN WILKINS SAYS NEUTRAL INTEREST RATE HAS TO BE POSITIVE AND HIGHER THAN WHERE RATES ARE NOW
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.