BoC's Lane: Rates are still quite low relative to what we think of as neutral level

Timothy Lane, Deputy Governor of the Bank of Canada, is responding to questions, with key headlines (via Reuters) found below: • Each decision is a live decision • What we were seeing over the summer and two weeks ago, data were looking quite favorable for Canadian economy • GDP from q2 suggest...
BoC's Lane: Rates are still quite low relative to what we think of as neutral level