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BOC’s Carney: “Substandard” recovery likely for US

BOC’s Carney: “Substandard” recovery likely for US

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Jamie Coleman
27/10/2009 | 16:19 GMT

BOC Governor Carney says it looks as though the US economy is set for a substandard recovery and that this should reduce US consumption. Canada should seek other markets, as a result. The dollar will remain the reserve currency of choice for the foreseeable future, he said.

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