Bank of Canada Has a Few Options Before Moving to Negative Rates – Bloomberg

Markets are certain the Bank of Canada will be forced to cut interest rates to near zero in coming weeks, and even days, to support an economy tumbling into recession. What happens after that is open to debate.
— Read on www.bloomberg.com/news/articles/2020-03-19/bank-of-canada-has-a-few-options-before-moving-to-negative-rates

Bank of Canada Has a Few Options Before Moving to Negative Rates – Bloomberg

Markets are certain the Bank of Canada will be forced to cut interest rates to near zero in coming weeks, and even days, to support an economy tumbling into recession. What happens after that is open to debate.
— Read on www.bloomberg.com/news/articles/2020-03-19/bank-of-canada-has-a-few-options-before-moving-to-negative-rates

Bank of Canada Opens Door to Rate Cut on Persistent Slowdown – Bloomberg

Stephen Poloz, one of the few central bankers to resist the global push toward easier monetary policy last year, said the door is open for the Bank of Canada to cut interest rates if the current economic slowdown persists.
— Read on www.bloomberg.com/news/articles/2020-01-22/bank-of-canada-holds-rates-signals-less-confidence-in-outlook

‘Secret’ memo outlines tools the finance department and Bank of Canada could use in a recession | CBC News

A highly redacted department briefing note prepared for the minister of finance in the summer outlines some of the economic and fiscal tools that could be used in the next economic downturn. But economists tell CBC News it’s time to think outside that toolbox.
— Read on www.cbc.ca/news/politics/finance-briefing-note-recession-economists-1.5368356