Saturday, December 12, 2015

Negative interest rates an option in Canada, Stephen Poloz says

Mr Stephen Poloz could follow in the steps of other countries and put the benchmark rate below zero. He has indicated the Canada's financial markets could possibly function in a negative interest rate environment. But while Poloz opened the door to the possibility of negative interest rates, he stressed — in English and French — that the bank has no current intention to do so.

Very interesting discussion on this strategy.  click here to read more on this subject.

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