Tells BNN that the “door is slightly more open” to a rate cut

  • Banks approach is even-handed
  • Says he sees no need to provide concrete guidance on interest rates – that the ‘market is very smart’

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The ‘market is very smart’ … (cool, take a bow, ladies and gentlemen)

More:

  • Housing gains in line with fundamentals
  • Rates will some day go up, ‘We’re obviously indicating it’s a long time from now’