More from Bank of Canada's Timothy Lane
- If had inflation persistently below target we would cut rates
- Governing Council did not consider merits of insurance cut ahead of December 4 announcement
- Cutting rates now in case something might happen in the future could set us up for a bigger shock
- Wouldn't say we are being upbeat in our assessment of Canadian economy, we see risks as being more balanced than in the past
- Stronger investment is generally an encouraging sign
- If trade conflicts worsen, could trigger world recession
- Our sense is there is bit of a disconnect between optimism in markets and potential risks tied to trade disruption
- For some time now we've seen markets taking a very optimistic tack, reflected in a near record equity markets
- We are monitoring appreciation of Canadian dollar, it's an important input; lately it has been in a pretty stable range
The USDCAD is trading near lows At 1.31654. The low price for the day reach 1.31579
