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Bank of Canada’s Rogers says not seeing a high level of stress in the mortgage market

Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appearing before the Standing Senate Committee on Banking, Commerce and the Economy.

Earlier:

Bank of Canada Governor Macklem expects core inflation to continue to ease graduallyBank of Canada Governor Macklem – cut in rates a signal we are on track to 2% inflation

Rogers now:

We are not seeing a high level of stress in the mortgage marketData is not telling
us so far that we have a mortgage crisis

This article was written by Eamonn Sheridan at www.forexlive.com.

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