Surprise, surprise! Canada drops interest rates | Authers' Note
- 5 years ago
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On the eve of a critical European Central meeting, Canada's central bank shocked markets with a rate cut, while the shape of the ECB's plans grew clearer. John Authers suggests that sometimes it is best for central banks to take the markets by surprise.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
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On the eve of a critical European Central meeting, Canada's central bank shocked markets with a rate cut, while the shape of the ECB's plans grew clearer. John Authers suggests that sometimes it is best for central banks to take the markets by surprise.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes