Canada's Carney Says `Caution' Needed on Further Interest Rate Increases

Canada's Carney Says `Caution' Needed on Further Interest Rate IncreasesBank of Canada Governor Mark Carney said major headwinds facing the country’s economy, and “unusual” uncertainty surrounding the economic outlook, mean the central bank needs to be cautious in raising interest rates further. “The unusual uncertainty surrounding the outlook warrants caution,” Carney, 45, said today in the