Bank of Canada would cut rates if not for Iran war, says Benjamin Tal

Benjamin Tal , managing director and deputy chief economist at CIBC Capital Markets Inc. , talks with Financial Post’s Larysa Harapyn about how the Bank of Canada would cut rates if not for the war in the Middle East . “The Bank of Canada is very comfortable not touching interest rates anytime soon. The only thing that will change that view is a major escalation with the situation in Iran,” he said.

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• Email: lharapyn@postmedia.com