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Free AccessFinance Minister Bill Morneau in CTV.........>
CANADA: Finance Minister Bill Morneau in CTV interview Tuesday on G7 call and
BOC potentially following Fed cut:
*G7 call: "We've agreed that we should be working together, that we need to be
coordinated, that we need to be considering all measures as appropriate for our
different situations," Morneau said. "It doesn't mean and shouldn't mean that
all the measures taken by one country are necessarily going to be taken by other
countries."
*On whether BOC, which has decision at 10am EST Wed., may follow Fed cut:
Morneau declined direct comment on what BOC should do, but tells interviewer: "I
don't though think that you should take the leap that you've just taken that
whatever the United States does other countries are necessarily going to
follow."
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.