Canada’s Carney praises ‘decisive’ ECB step

carney

Mark Carney, the governor of the Bank of Canada, on Monday gave a ringing endorsement of the European Central Bank's (ECB) unprecedented and divisive entry into secondary markets.

In remarks confirmed by the central bank, Carney told the International Economic Forum of the Americas in Montreal that he had "entire confidence" in the ECB's foray into bond markets. Limiting sovereign contagion from the debt crisis hinged on "the ability of central banks and governments to cooperate and act decisive

To continue reading...

You must be signed in to use this feature.

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: