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Canada’s FinMin Morneau: Interest rates still accommodative

Reuters reports comments from the Canadian Finance Minister Morneau, delivered in an interview following the budget release earlier.

 Interest rates still accommodative.

Cutting the Canada deficit now would result in job losses.

The budget has room for all eventualities.

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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