BOC says lower rates could support demand during a trade war
Feb-21 17:30
- BOC SAYS LOWER RATES COULD SUPPORT DEMAND DURING A TRADE WAR
- BOC SAYS NEED TO CURB CPI LIMITS HOW MUCH SUPPORT IT CAN GIVE
- BOC: TRADE WAR WOULD `ALL BUT WIPE OUT GROWTH' OVER TWO YEARS
- BOC SAYS TRADE WAR WOULD PERMANENTLY LOWER OUTPUT BY 2.5%
- BOC MUST ENSURE CPI BOOST FROM TARIFFS ABOVE 2% IS TEMPORARY
- BOC: 2% CPI TARGET WORKS WELL, WON'T BE PART OF MANDATE REVIEW
