Canada Recession Signals: Retail Sales Unexpectedly Dip; Loonie Sinks; Bank of Canada Ponders Easing; Yield Curve Inversion
October 21, 2016 at 12:50 PM EDT
In Canada, as everywhere else, central banks lower rates at the first sign of trouble. But with the Canadian 2-Year bond at a mere 0.517%, there is just not that much room for cuts.