Friday, January 23, 2015

Bloomberg: BMO’s Porter Says Rate Cut May Create Grotesque Canada Debt Skew

From Bloomberg, Jan 23, 2015, 4:46:29 PM

The Bank of Canada's surprise cut to borrowing costs this week threatens to tilt an already lopsided economy into one that is grotesquely skewed toward housing and consumer spending, said Bank of Montreal's Doug Porter.

To read the entire article, go to http://bloom.bg/1upXEY6

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