While lauding the success of Canada's inflation-targeting regime, BoC Governor Mark Carney...

|By:, SA News Editor

While lauding the success of Canada's inflation-targeting regime, BoC Governor Mark Carney describes Europe's debt crisis as "barely contained." As for Canada, he believes H2 growth will exceed bank projections, but doesn't expect the good run to last. Though rate cuts weren't tipped, his remarks suggest a continuation of the 1% benchmark into 2013.