BoC's Schembri: Will assess how much stimulus the Canadian economy needs

The Bank of Canada's deputy governor Lawrence Schembri says the April outlook will reassess potential growth in the global and Canadian economy and they will assess how much stimulus the Canadian economy needs.

Schembri says also that their view is the recovery is not well underway until we have seen ourselves through much of the pandemic.

He adds, ''We've seen more signs of housing exuberance than we did even a month ago.''

 

Argentina Consumer Price Index (MoM) increased to 3.6% in January from previous 3.3%

Argentina Consumer Price Index (MoM) increased to 3.6% in January from previous 3.3%
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USD/CAD drops under 1.2550, eyeing multi-year lows in 1.2460s

USD/CAD continues to press lower and recently crossed below 1.2550, as bears target a move back to the 1.2500 level and then on to test recent multi-y
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