To be quite direct, it would mean further declines in our policy interest rate. When we talk about monetary stimulus from that perspective, that's what we mean.
On January 30th, 2008. See this statement in context.
On January 30th, 2008. See this statement in context.
January 30th, 2008 / 3:50 p.m.
Senior Deputy Governor, Bank of Canada
To be quite direct, it would mean further declines in our policy interest rate. When we talk about monetary stimulus from that perspective, that's what we mean.
See context to find out what was said next.