No, that would be suicide. You don't want to have a directive from the finance department to the Bank of Canada to lower interest rates. That's not a very wise policy.
On November 21st, 2007. See this statement in context.
On November 21st, 2007. See this statement in context.
November 21st, 2007 / 4:15 p.m.
Director , Economic Forescasting Services, Centre for Spatial Economics
No, that would be suicide. You don't want to have a directive from the finance department to the Bank of Canada to lower interest rates. That's not a very wise policy.
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