Bank of Canada Deputy Governor Paul Beaudry spoke earlier:
BOC's Beaudry: Bank will continue to do whatever is necessary to restore price stability
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Back on the wires now with a little more:
- too early to say if global tightening will lead to recession
- looking very closely at how people are refinancing mortgages and the impact on the economy
if we issue a central bank digital currency, we want it to be secure, resembles cash, and be backed by a bank.
more to come
