MNI: Carney Deficits Are Bulwark Against Big Macklem BOC Cuts

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Sep-12 14:13By: Greg Quinn
Bank of Canada+ 1

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A growing budget deficit under Prime Minister Mark Carney aimed at countering the hit to demand from the U.S. trade war means Bank of Canada Governor Tiff Macklem will not need to lower interest rates much further to support flagging growth, former o...