February 15, 2018 / 7:32 PM / 10 months ago

BRIEF-BoC's Schembri reiterates bank taking cautious approach to rates

Feb 15 (Reuters) -

* BANK OF CANADA’S SCHEMBRI SAYS BANK SEES NEUTRAL RATE ROUGHLY IN 2.5-3.5 PERCENT RANGE

* BOC’S SCHEMBRI: REITERATES BANK TAKING CAUTIOUS APPROACH TO INTEREST RATES IN FUTURE

* BOC’S SCHEMBRI: DOESN’T MEAN RATES WILL REMAIN LOW FOREVER; ARE FOLLOWING THE DATA VERY CLOSELY

* BOC’S SCHEMBRI: THERE’S A BALANCE BETWEEN BEING CAUTIOUS AND MONITORING INFLATIONARY PRESSURES Further coverage: (Reporting By Leah Schnurr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below