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0.000538793103448169 0.0016163793103447 0.000538793103448169 0 -0.00161637931034489 -0.00269396551724142 -0.00188577586206897 -0.00646551724137936
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'Going it alone': Economists react to Bank of Canada holding rates [Business News Network (BNN) Energy & Resources (Canada)]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
'Going it alone': Economists react to Bank of Canada holding rates The Bank of Canada held steady on Wednesday, leaving its key benchmark interest rate unchanged at 1.75 per cent while warning about spillover risk from global trade conflicts that have already compelled other major central banks to lean toward cutting rates. “Recent data show the Canadian economy is returning to potential growth. However, the outlook is clouded by persistent trade tensions,” the central bank said in its statement. “Taken together, the degree of accommodation being provided by the current policy rate remains appropriate.” But what does the move to stay the course mean when placed against a U.S. Federal Reserve that seems intent on cutting rates ? Here’s a collection of economists’ reactions to Wednesday’s Bank of Canada decision: “It sounds like the central bank is certainly globally aware but domestically focused, and this is how Governor [Stephen] Poloz is going to have to proceed. He’s going to have Show less Read more
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