BOC's Macklem speaks to BNN Bloomberg
Some more residual comments from Bank of Canada's Macklem
- if we have to do more, we will do more
- past experience shows withdrawing fiscal stimulus too early risks stunting recovery
- interest rate seen at effective lower bound of 0.25% for at least 2 years
The USDCAD remains near its 200 day moving average at 1.35059. The low for the day reach 1.35041.
