BOC Wilkins: High debt levels could mean move to neutral could take longer

Author: Eamonn Sheridan | Category: Central Banks

Bank of Canada Senior Deputy Governor Wilkins Q&A following earlier speech: 

Q&A comments:
  • There are underlying vulnerabilities that means there will be headwinds to growth, even if trade wars resolved
  • Changes in interest rates will have stronger effect than they have in the past because people are more indebted now
  • High debt could mean that the move to neutral could take longer
CAD not doing too much on these 



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