Carney comments indicate Canadian rates to fall

Expectations of further rate cuts in Canada rose on the back of comments made by Mark Carney, the governor of the central bank.

Carney voiced concerns that the country's credit markets will get tighter and that the economic slowdown in the US, Canada's main trading partner, will be more prolonged than previously thought over the weekend.

``The world's largest economy is slowing and there is the prospect that the recovery from that slowdown will be more muted," Carney said, adding that there w

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: