Loonie falls on Bank of Canada governor's gloomy economic forecast

[rwana]

http://i.cbc.ca/1.2577251.1395162271!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/boc-interest-rates-20140122.jpg The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probably the new norm, requiring central bankers to keep interest rates low during a long period of stagnation.


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