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 

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose